iRoadshow helps Amaroq Minerals strike gold

28/02/2024

We're delighted that iRoadshow from B&C has been chosen to help Amaroq Minerals, a Greenland-focused mining company, with its fundraising which was oversubscribed by almost 50%.

AIM-listed Amaroq company, focussed on gold and strategic energy transition minerals in Southern Greenland, completed a placing of 62m new fundraising shares with both new and existing institutional investors at a price of 74p per share, resulting in net proceeds of £44m.

The net proceeds, exceeding the initially-targeted £30 million, will be used for further exploration activities at the company's Vagar and Nanoq licences, as well as an additional capital injection into its Gardaq joint venture.

If you'd like to find out how iRoadshow can help ensure the success of your fundraisings, chat with us today: hello@blackandcallow.com

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