Amaroq Minerals CEO & Founder Eldur Olafsson joins Natalie Stoberman from the Proactive studios to discuss the announcement of $49.5 million USD in debt financing to accelerate production and cash flow generation at its cornerstone Nalunaq gold development project. Olafsson also adds that the company is weighing a potential main market listing in Iceland.
Amaroq Minerals' principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in Greenland. The company's principal asset is a 100% interest in the Nalunaq Project, an advanced exploration stage property with an exploitation license including the previously operating Nalunaq gold mine.