11th Aug 2023 18:21
Amaroq Minerals Ltd - Greenland-focused mine development company - Updates on its debt financing, first announced on March 28, which it expects to close by the end of August. The debt financing consists of an increased USD50.9 million senior secured package, including: USD18.5 million in senior debt term loans, USD22.4 million in convertible notes and an overrun loan of up to USD10 million. It remains subject to the final approval of the TSX Venture Exchange.
Current stock price: 44.50 pence
12-month change: up 11%
By Jeremy Cutler, Alliance News reporter
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