(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week Friday and not separately reported by Alliance News: Read More
Amaroq Minerals Ltd - Greenland-focused Canadian gold miner - On Tuesday, reports results for first quarter ending March. Net loss widens to USD9.2 million from USD3.4 million a year prior. Loss per share widens to USD0.03 from USD0.01. Exploration and evaluation expenses fall to USD875,213 from USD1.2 million. But general and administrative expenses rise to USD4.0 million from USD2.6 million. Chief Executive Eldur Olafsson says: "I look forward to providing the market with a more complete update on Nalunaq operations at our Capital Markets event on June 13, where we will present visuals of the progress made to date and providing guidance on the cost to complete as well as the expected date of first gold production. In addition, we will present our plan for resource growth at Nalunaq, along with details of our expanded drilling programme at the Stendalen copper-nickel discovery." Says appointment of new chief financial officer is "well advanced." Read More
(Alliance News) - Amaroq Minerals Ltd on Tuesday said it swung to net profit in its latest year, with operations progressing well despite weather-induced delays. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
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
Amaroq Minerals Ltd - Toronto-based mining company focused on gold and energy-transition mineral assets in southern Greenland - Announces a placing and subscription offer to raise proceeds of up to GBP30.0 million. Both the placing and subscription shares will be at a price of 74 pence per new share, and Amaroq says it has already received interest from investors "in excess" of the target amount. The proceeds will go towards mining the target block of the company's flagship Nalunaq gold project in south Greenland, as well as financing exploration at the company's Vagar, Nanoq and Gardaq licences. In January, Amaroq reported grades of up to 48.3 grams of gold per tonne of ore at Nalunaq, confirming the high-grade nature of the block. Read More
Amaroq Minerals Ltd - independent mine development company focused on Southern Greenland - Says that it got results from underground channel sampling at the Nanaluq mine across three levels within the target block. Results confirmed the high grade nature of the block, extending into previously unmined areas with grades of up to 48.3 grams per tonne of gold over 1 metre. Following these results, Amaroq plans to start underground drilling, aimed at developing a second mining face at Nalunaq with a potential strike extension of up to 775 metres. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Amaroq Minerals Ltd on Wednesday said revenue and profit slumped in the third qaurter, but that its swung to profit for the first nine months. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Amaroq Minerals Ltd on Wednesday said it found 182 grammes of gold per tonne at Nalunaq in Greenland, the highest grade drill results since the founding of the company. Read More
(Alliance News) - Amaroq Minerals Ltd on Wednesday said it signed "key" for its mining operations in Nalunaq, southern Greenland, with Thyssen Schachtbau GmbH and Tamarack Mining Services. Read More
Amaroq Minerals Ltd - Greenland-focused mine development company - On Wednesday, says that the Nasdaq exchange has approved its application for the transfer of its shares to Nasdaq Iceland's main market from the Iceland First North Growth Market. Shares will be admitted to trading on the main market on September 21. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More