Amaroq Minerals Share News (AMRQ)

UK shareholder meetings calendar - next 7 days

IN BRIEF: Amaroq Minerals loss widens; appointment of new CFO advanced

Amaroq Minerals Ltd - Greenland-focused Canadian gold miner - On Tuesday, reports results for first quarter ending March. Net loss widens to USD9.2 million from USD3.4 million a year prior. Loss per share widens to USD0.03 from USD0.01. Exploration and evaluation expenses fall to USD875,213 from USD1.2 million. But general and administrative expenses rise to USD4.0 million from USD2.6 million. Chief Executive Eldur Olafsson says: "I look forward to providing the market with a more complete update on Nalunaq operations at our Capital Markets event on June 13, where we will present visuals of the progress made to date and providing guidance on the cost to complete as well as the expected date of first gold production. In addition, we will present our plan for resource growth at Nalunaq, along with details of our expanded drilling programme at the Stendalen copper-nickel discovery." Says appointment of new chief financial officer is "well advanced."

Amaroq Minerals makes strong progress in first quarter

(Sharecast News) - South Greenland-focussed mine developer Amaroq Minerals reported decent operational progress in its first quarter on Tuesday, as it maintained a robust total liquidity position of $96.31m in cash reserves, undrawn revolving credit facilities, and available funds.

Amaroq starts first underground mining blast at Nalunaq

(Sharecast News) - Amaroq Minerals announced a significant milestone on Thursday, with the successful start of the first underground mining blast at the Nalunaq site in Southern Greenland.

Amaroq "well-funded and on track" after "successful" work on Nalunaq

(Alliance News) - Amaroq Minerals Ltd on Tuesday said it swung to net profit in its latest year, with operations progressing well despite weather-induced delays.

UK earnings, trading statements calendar - next 7 days

EARNINGS AND TRADING: East Star, Getech strike Kazakhstan JV

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

TRADING UPDATES: Active Energy rejects "baseless" legal action

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Amaroq Minerals fundraising oversubscribed by almost 50pc

(Sharecast News) - Amaroq Minerals announced the conclusion of its proposed fundraising on Tuesday, which it said was met with overwhelming demand.

IN BRIEF: Amaroq Minerals completes fundraise with "strong support"

Amaroq Minerals Ltd - Toronto-based mining company focused on gold and energy-transition mineral assets in southern Greenland - Announces "successful completion of significantly oversubscribed proposed fundraising" announced on Monday. Says it has placed 62.7 million shares with institutional investors at 74 pence each, raising net proceeds of around GBP44 million and beating its initial GBP30 million target. Amaroq says it will use the extra approximate GBP14 million to further advance exploration at its Vagar and Nanoq licences, and for an additional capital injection into the Gardaq joint venture.

Amaroq kicks off fundraising of up to £30m

(Sharecast News) - Southern Greenland-focussed gold and energy miner Amaroq Minerals reaffirmed its plans to conduct a placing and subscription to raise £30m on Monday, to expedite its exploration and development activities.

IN BRIEF: Amaroq Minerals announces fundraise for Nalunaq project

Amaroq Minerals Ltd - Toronto-based mining company focused on gold and energy-transition mineral assets in southern Greenland - Announces a placing and subscription offer to raise proceeds of up to GBP30.0 million. Both the placing and subscription shares will be at a price of 74 pence per new share, and Amaroq says it has already received interest from investors "in excess" of the target amount. The proceeds will go towards mining the target block of the company's flagship Nalunaq gold project in south Greenland, as well as financing exploration at the company's Vagar, Nanoq and Gardaq licences. In January, Amaroq reported grades of up to 48.3 grams of gold per tonne of ore at Nalunaq, confirming the high-grade nature of the block.

EARNINGS AND TRADING: Nanoco receives proceeds from Samsung litigation

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

EARNINGS AND TRADING: Time Finance revenue up; Libertine loss narrows

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: