IN BRIEF: AEX Gold Continues Development Of Nalunaq Project

AEX Gold Inc - company which holds portfolio of gold licences in Greenland - Remains on target ...

Alliance News 18 January, 2021 | 3:42PM
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AEX Gold Inc - company which holds portfolio of gold licences in Greenland - Remains on target and continues to make progress on the development of the Nalunaq project in Greenland, with the award of key procurement packages. AEX says it has selected its contractor for the underground development as part of the exploration program at Nalunaq and is currently finalising the contractual terms. Major equipment to support the underground development program has also been procured, AEX noted. "We remain committed to, and confident about, the development of Nalunaq and appreciate the strong support we are receiving from the project's various stakeholders, especially those in Greenland," says Chief Executive Eldur Olafsson.

Current stock price: 47.75 pence, down 1.6% on Monday

Year-to-date change: up 3.8%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
AEX Gold Inc 77.50 GBX 0.00 -
AEX Gold Inc 1.28 CAD -3.03 -

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