M&A Finance
K&L Gates
Full Credential Description
Amaroq Minerals Ltd., an independent mining company with significant gold and strategic mineral assets in Southern Greenland, faced the challenge of securing substantial funding to accelerate its growth and exploration efforts. The company, which is listed on multiple stock exchanges including the TSX-V in Canada and the AIM Market in London, successfully completed an oversubscribed fundraising round, raising £27.5 million (approximately US$34.8 million) through a placing and subscription of new shares with both new and existing institutional investors. K&L Gates provided tailored legal assistance throughout this fundraising process, with a team led by partner James Green. The funds raised are earmarked for several strategic initiatives, including further resource and exploration drilling, investment in mining equipment and green energy production, advancement of the company’s strategic minerals business, and additional working capital. This successful fundraising reflects strong investor confidence in Amaroq Minerals, particularly as the company prepares for the commercial production of the Nalunaq mine and aims to unlock the potential of its broader asset .
Measurable Results
Successfully completed $34.8M transaction