07 July 2020
Elixirr, a consultancy helping clients in areas such as technological disruption have announced their intention to IPO onto AIM. The placing will raise £20m of new money for the company and a further £5m for founder shares.
For FY 2019, the company reported EBITDA of £7.4m. Expected market cap circa £98m with first day of dealings anticipated for 9th July @ 217p per share.
AEX Gold (TSXV:AEV) is intending to admit its shares to AIM alongside a £45m placing. The Company, led by CEO Eldur Ólafsson, has established the largest land package of gold assets in Greenland with a current portfolio of licences covering 3,356 square kilometres, in the two known gold belts in Southern Greenland, the Nanortalik and Tartoq gold belts. Nalunaq is a high-grade gold asset with an updated Inferred Mineral Resource covering 422,770 tonnes at 18.5 grams per tonne of gold, or 250,970 ounces of gold, which covers the area in and around the historical mine. Due July. Current mkt cap C$66.7m.