Source - Alliance News

Amaroq Minerals Ltd - Greenland-focused mine development company - Updates on its debt financing, first announced on March 28, which it expects to close by the end of August. The debt financing consists of an increased $50.9 million senior secured package, including: $18.5 million in senior debt term loans, $22.4 million in convertible notes and an overrun loan of up to $10 million. It remains subject to the final approval of the TSX Venture Exchange.

Current stock price: 44.50 pence

12-month change: up 11%

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