AEX Gold Inc. is pleased to provide an update on the Corporation's 2019 drilling program on its 100% owned Nalunaq license in South Greenland. New Main Vein intersections in an area down-dip of historic workings in the past producing Nalunaq Mine supports the exploration target described in the project's technical report entitled "An Independent Technical Report on the Nalunaq Gold Project, South Greenland" dated March [...]
AEX Gold Inc. announces today that George Fowlie has been appointed as the new CFO of AEX effective immediately. He has been a director of AEX since its founding in 2017. George has enjoyed a successful 40-year career in banking and finance, including 10 years as an Investment Banker with First Marathon Securities and four years as a partner at Edgestone Capital Partners, a $1Billion private equity fund where he managed [...]
AEX Gold Inc. is pleased to provide an update on the Corporation's sampling program in its 100% owned Vagar license in South Greenland. AEX's targeted programme of sampling confirms high-grade mineralisation at key targets, validating historic results and the potential for further gold discoveries within the Southern Greenland licences, which contains the Company's Nalunaq Mine. Key Highlights: Amphibolite Ridge confirmed [...]
AEX Gold Inc. announces today that Graham Stewart has been appointed as the new Chairman of AEX and will start in his new role immediately. He has been a director of the AEX Board since 2017. Graham has had a highly successful 30-year career in the international oil and gas industry during which he has forged a reputation for generating significant shareholder value. He spent five years as the commercial and finance [...]
AEX Gold Inc. is pleased to provide updates on its 2019 Summer Field Activities on its various properties in South Greenland. The key activities at Nalunaq are: To determine the quantity of potentially gold bearing mill oversize materials from past operations for a possible bulk sample program; Carry out a drilling program with the main objective being to test for down-dip extensions to the South Block and to validate the [...]
AEX Gold Inc. is pleased to announce that it has been granted the exclusive exploration rights under a new license in South Greenland: license 2019/11. The license is comprised of five sub-areas and covers a total of 266 km2 within the Nanortalik Gold Belt . Figure 1 : AEX's new licenses under No. 2019/11 Historic work by GEUS, NunaMinerals and Goldcorp identified gold mineralisation in several locations within this new [...]
AEX Gold Inc. is pleased to announce it has completed a non-brokered private placement of 13,157,893 units at a price of $0.38 per unit, for gross proceeds to AEX Gold of approximately $5,000,000, subject to TSX Venture Exchange and regulatory approvals . Vækstfonden, the Danish Growth Fund subscribed for $1.5M and Greenland Venture A/S subscribed for $1.5M of the Offering. In addition, Eldur Olafsson [...]
AEX Gold Inc. is pleased to announce it has completed a non-brokered private placement of 2,631,577 common shares at a price of $0.38 per share, for gross proceeds to AEX of $1,000,000, subject to final approval of the TSX Venture Exchange. The Offering was carried out pursuant to prospectus exemptions from applicable securities laws. All securities issued pursuant to the Offering are subject to a four month hold period [...]
AEX Gold is pleased to announce its intention to complete a private placement of up to 2,631,570 common shares at a price of $0.38 per share, for gross proceeds to AEX of approximately $1,000,000, subject to TSX-Venture Exchange and regulatory approvals. The private placement will be non-brokered, however finders fees may be payable in connection with the Offering. Closing of the Offering is expected to occur on or about [...]
AEX Gold announces that it has granted incentive stock options to directors, officers and consultants of AEX to acquire an aggregate of 1,660,000 common shares at $0.45 per share, for a period of 5 years. 250,000 of these options have been issued in lieu of cash compensation to directors and certain members of management, which have been waived to reduce costs. All options have been priced at $0.45 which was the issue [...]
AEX Gold Inc. is pleased to announce the commencement of the 2018 Summer Work Programme at the Corporation’s Nalunaq Project, the location of the historical Nalunaq gold mine. This multi stage Programme will include 3500-5000m of core drilling expected to last until early September comprising. 3000m of infill drilling from positive intersections aiming to add additional resources;
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