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Amaroq CEO Increases Stake Ahead of Mine Production
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Amaroq CEO Increases Stake Ahead of Mine Production

AEX Gold, Inc. (TSE:AMRQ) has released an update.

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Amaroq Minerals Ltd. CEO Eldur Olafsson has bolstered his investment in the company by purchasing 300,000 common shares, signaling confidence in Amaroq’s future as it prepares for the Nalunaq Gold mine’s production start by the end of 2024. This acquisition increases Olafsson’s indirect ownership to 2.9% of the company, reinforcing the leadership’s stake in the firm’s success. Amaroq continues to focus on gold and strategic metal properties in Southern Greenland, with a portfolio covering known gold belts and exploration projects.

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