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. The tailored solution provided by K&L Gates involved strategic legal assistance throughout the fundraising process, ensuring compliance with securities regulations and facilitating investor engagement. The funds raised will be utilized for various critical initiatives, including further resource and exploration drilling, investment in mining equipment and green energy production, advancement of the company’s strategic minerals business, and provision of additional working capital. The successful completion of this fundraising round not only reflects the high level of investor interest in Amaroq Minerals but also positions the company to enhance its operational capabilities as it prepares for the commercial production of the Nalunaq mine and seeks to unlock the potential of its broader asset .
Measurable Results
Successfully completed $34.8M transaction