13th Feb 2024 09:39
Amaroq Minerals Ltd - Toronto-based mining company focused on gold and energy-transition mineral assets in southern Greenland - Announces "successful completion of significantly oversubscribed proposed fundraising" announced on Monday. Says it has placed 62.7 million shares with institutional investors at 74 pence each, raising net proceeds of around GBP44 million and beating its initial GBP30 million target. Amaroq says it will use the extra approximate GBP14 million to further advance exploration at its Vagar and Nanoq licences, and for an additional capital injection into the Gardaq joint venture. Read More
