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

Track
Market: AIM
Instrument market cap (£m)
85.43
Listing/Admission to trading
31 Jul 2020
Looking for new and recent issues?

More recent

92.36
London Stock Exchange welcomes Kaspi.kz to the Main Market

Kaspi.kz, which operates the Kaspi.kz Super App, Kazakhstan’s most popular mobile app and the gateway to its market leading Payments, Marketplace and Fintech platforms, today celebrates its admission to the London Stock Exchange’s Main Market through trading on the International Order Book.  The company, trading under the ticker symbol KSPI.LI, achieved a market capitalisation of $6.5 bill

Learn more
139.04
London Stock Exchange welcomes SDIC Power Holdings Co., Ltd. to Shanghai – London Stock Connect

London Stock Exchange today welcomes SDIC Power Holdings, a leading power generation company in China, to open London’s markets for trading. The occasion marks the successful listing of the Company’s GDRs, utilising the Shanghai-London Stock Connect segment of the Exchange’s Main Market.

SDIC Power operates a diversified portfolio of projects across hydropower, coal-fired power, wind

Learn more
92.24
London Stock Exchange Welcomes Quikro, Tematica Research and HANetf Celebrating its Digital Infrastructure and Connectivity UCITS ETF

Europe’s first thematic ETF focusing exclusively on digital infrastructure and connectivity has listed on London Stock Exchange.

A first-to-market thematic ETF focusing on digital infrastructure and connectivity1 sponsored by Quikro will launch across Europe via the HANetf platform. The

Learn more
103.36
London Stock Exchange welcomes Egypt’s sovereign green bond to the Sustainable Bond Market

The Arab Republic of Egypt celebrated the listing of its US$750mn 5.25% note, due October 2025, by opening London’s markets for trading today. The transaction, which represents the first sovereign green bond issuance from the Middle East & North Africa, was well received by the market, with a high quality orderbook in excess of US$3.8bn. The strong demand from global investors for the paper

Learn more