London Stock Exchange welcomes AEX Gold to AIM

AEX Gold is an independent gold mining exploration and development company, with a portfolio of assets located in Southern Greenland. The company is currently listed on the TSXV and has announced today its dual listing on AIM.  
AEX holds an unrivalled portfolio of high-grade gold licences covering 3,356km2 in Southern Greenland, an exciting and stable jurisdiction with which the management team has previous experience and relationships. The company’s flagship project, Nalunaq, offers shareholders a high-grade gold project that has historically produced >350koz between 2004 and 2009 at an average grade of c.16 g/t. The former operators have left significant infrastructure at the asset, significantly reducing costs compared to a greenfield project, and providing AEX with a clear path to first gold. 
Eldur Olafsson, CEO, comments
“We are delighted to be admitted to trading on AIM today and welcome new investors to our company. AEX offers a unique opportunity to invest in Greenland gold mining with our large and exciting portfolio of assets in Southern Greenland, which has many similarities geologically to the high-grade gold belts found in Canada, Finland and Sweden. We believe a dual listing will provide us with greater visibility to investors, significantly increase market liquidity, and widen our investment base, and has provided the means for us to fund the next stage of development. We look forward to a long and successful future as a London listed business.”

Quick facts

Market: AIM
Instrument market cap (£m)
Listing/Admission to trading
31 Jul 2020
Looking for new and recent issues?

More recent

London Stock Exchange welcomes Genflow Biosciences Plc to the Main Market

London Stock Exchange today welcomes Genflow Biosciences Plc, a UK-based biotechnology company focused on longevity and the development of therapies to counteract the effects of aging and diseases associated with advanced age, to the Standard Listing Segment of the Main Market, under the ticker symbol "GENF".

Genflow Biosciences opened th

Learn more
London Stock Exchange welcomes East Star Resources Plc and their readmission to the Main Market

London Stock Exchange welcomes the readmission of East Star Resources, a company focused on the discovery and development of gold, copper, and base metals in Kazakhstan, to the Main Market under the ticker “EST”. The company raised gross proceeds of £3.1 million via a placing and subscription of 62,000,000 shares at £0.05 per share, delivering a ma

Learn more
London Stock Exchange celebrates FTSE Russell’s index partnership with Abu Dhabi Securities Exchange

Today, London Stock Exchange markets were opened by Abu Dhabi Securities Exchange and FTSE Russell to mark their partnership and the launch of the FTSE ADX Index Series.

FTSE ADX General Index FTSE ADX Sector Indexes FTSE Russell provides daily index calculations on the ADX General Index FTSE ADX General Index replaces the ADX General Index FTSE Russ

Learn more
London Stock Exchange welcomes Facilities by ADF plc to AIM

London Stock Exchange welcomes Facilities by ADF, the leading provider of premium serviced production facilities to the UK film and high-end television (“HETV”) industry, to the Alternative Investment Market (“AIM”) under the ticker “ADF” after it raised gross proceeds of £18.4 million.

ADF’s business was established in 1992 in Bridgend,

Learn more