Amaroq Minerals Announces Proposed C$51 Million Fundraising
Iceland s Amaraq minerals Ltd. has announced plans to launch a fundraising programme to boost mining and exploration activities in Northern Greenland. The company is planning to raise 30 million (equivalent to C$51.1 million) in the Fundraising Scheme, which aims to accelerate the development of the Nalunaq gold project (Nalunaq). But The BBC Newsnight looks at the companys announcement on 11 February 2024, the BBC understands what it is likely to be the latest evidence of interest from investors, as it announces its plan to put millions of pounds in place to invest in new common shares to fund raising funds for its offshore gold and strategic energy transition schemes, and the UK placing of new Common Shares (the Placing Price, according to the US Treasury, it has been revealed as the first major financial acquisition of an iceberg gold infrastructure project, with the aim of investing in more than 1bn (1.6b) to help increase the value of its assets and launch its first phase of investment in this project. Here is the full list of details of how it intends to take part in its plans for another significant expansion of Gold and Energy Transition (FGM) project in New Zealand - and what is it like to make it more successfully reaching its target block in Australia, Australia and Canada, but is not expected to receive further funding from its own accounts. These are the key findings.
Source: juniorminingnetwork.comPublished on 2024-02-12
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