AEX Gold, a gold exploration and mining company focused on Greenland, said on Tuesday it plans an initial public offering (IPO) in London next month.
AEX said it would seek admission to the London Stock Exchange’s small company sub-market, AIM, and conduct a placement of common shares to raise 45-million pounds.
The company said it aimed to "leverage its first mover advantage in Greenland, underpinned by the previously producing Nalunaq asset, to build a full-cycle gold mining company in Greenland".