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AEX Gold plans AIM listing

Kitco News

Greenland-focused AEX Gold (TSXV:AEX) said today that it intends to seek admission of its common shares to trading on AIM.

The company is also placing shares to raise £45 million (US$55.78 million).

The company is focused on the identification, acquisition, exploration and development of gold properties in Greenland. The company's Nalunaq asset is a previously operating mine, having produced approximately 350 thousand ounces of gold between 2004 and 2009.

Current portfolio of licences covers 3,356 square kilometres, in the two known gold belts in Southern Greenland, the Nanortalik and Tartoq gold belts.

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