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AMRQ Amaroq Minerals Ltd

1.20
0.02 (1.69%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Amaroq Minerals Ltd TSXV:AMRQ TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 1.69% 1.20 1.16 1.20 1.21 1.18 1.20 12,080 21:00:00

Amaroq Minerals Raises Debt Financing Package to $50.9 Million

11/08/2023 6:37pm

Dow Jones News


Amaroq Minerals (TSXV:AMRQ)
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From Jun 2023 to Jun 2024

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By Joe Hoppe

 

Amaroq Minerals says it has slightly increased the size of its debt financing, first disclosed in late March, to $50.9 million from $49.5 million.

The Greenland-focused mine developer said late Friday it continues to finalize the terms and conditions. The increase in the package reflects an increase in convertible notes, from $21 million to $22.4 million, with all other amounts the same.

Amaroq had said in March it will use the funds to accelerate production and cash-flow generation at its Nalunaq gold-development project in Greenland.

 

Write to Joe Hoppe at joseph.hoppe@wsj.com

 

(END) Dow Jones Newswires

August 11, 2023 13:22 ET (17:22 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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