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
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