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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
About AEX AEX s principal business objectives are the identification, acquisition, exploration and development of gold properties in Greenland. The Corporation 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. The Corporation has a portfolio of gold assets covering 3,870km
2, the largest portfolio of gold assets in Southern Greenland covering the two known gold belts in the region. AEX is incorporated under the Canada Business Corporations Act and wholly owns Nalunaq A/S, incorporated under the Greenland Public Companies Act. Forward-Looking Information This press release contains forward-looking information within the meaning of applicable securities legislation, which reflects the Corporation s current expectations regarding future events and the future growth of the Corporation s business. In this press release there is fo
Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs) TORONTO, ON / ACCESSWIRE / May 13, 2021 / AEX Gold Inc. (AIM: AEXG)(TSXV:AEX) announces that on May 13