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Press Release - MINING COM mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.
AEX Gold Inc. Reports First Quarter Financial Results
TORONTO, ON / ACCESSWIRE / May 27, 2021 / AEX Gold Inc. (AIM:AEXG)(TSXV:AEX), an independent gold company with a portfolio of gold licences in Greenland, announces its unaudited condensed interim consolidated financial statements ( Financial Statements ) for the first quarter ended March 31, 2021. All figures are in Canadian dollars unless otherwise noted.
The Financial Statements and the accompanying Management Discussion and Analysis are available on the Corporation s website at www.aexgold.com and will be filed under the Corporation s SEDAR profile at www.sedar.com later today.
At the time of the AIM listing AEX announced the development of the Nalunaq Project of which the main engineering and constructing activities commenced in Q4-2020. A large part of the cost increases between Q1-2020 and Q1-2021 relate to the transition of AEX from an exploration and evaluation focused company to a development and exploration company po