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Amaroq Minerals’ Oversubscribed Fundraising Boosts Growth Plans
Company Announcements

Amaroq Minerals’ Oversubscribed Fundraising Boosts Growth Plans

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

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Amaroq Minerals Ltd. has successfully completed a fundraising initiative, raising approximately £27.5 million by issuing over 32 million new shares at 86 pence each. The funds, which exceeded the initial target, will be used to accelerate growth opportunities and strengthen working capital, particularly for projects in Greenland. This oversubscribed fundraising highlights strong investor confidence in Amaroq’s strategic mineral assets and future growth potential.

For further insights into TSE:AMRQ stock, check out TipRanks’ Stock Analysis page.

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