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AEX Gold looking to raise £45mln as part of plans to dual list in London

AEX Gold Inc's (CVE:AEX) Eldur Olafsson tells Proactive they're an exploration and development company which holds a dominant position in Greenland and its key asset is the past producing Nalunaq mine. He says they're focused on bringing the mine back into production in the next 18 months and part of the reason for coming to the London market is to assist in the funding of that development.

Quick facts: AEX Gold

Price: 48.7 GBX

AIM:AEXG
Market: AIM
Market Cap: £86.25 m
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AEX Gold 'stepping up a gear' as it moves on the ground in Greenland...

Mining Capital's Alastair Ford says it's interesting that Greenland's back on the radar of investors just when gold charges through $2000/oz. ''The new money raised by AEX Gold Inc. (LON:AEXG) (CVE:AEX) and the London listing represents a real step-change for the company'', he says. ''They're...

6 days, 23 hours ago

2 min read