Lands­bank­inn Cor­por­ate Fin­ance co-ad­visor in suc­cess­ful Am­aroq of­fer­ing

Grænland
13 February 2024

Amaroq Minerals Ltd., a mining company engaged in the identification, acquisition, exploration and development of strategic mineral assets in South Greenland, yesterday concluded a successful placement in the amount of ISK 7.6 billion.

The total value of the stock offer, which was increased due to more than twofold over-subscription, will fund further research to accelerate planned gold mining in the company’s Nalunaq mine in South Greenland, further exploration of the company’s assets in Vagar and Nanoq, as well as other projects linked to Gardaq.

A total of 62,724,758 new shares will be delivered to current and new shareholders at the rate of ISK 127 per share, the equivalent of around 19% of issued share capital following the increase.

Landsbankinn hf. and Fossar fjárfestingarbanki hf. acted as co-advisors to Amaroq in the stock offering and Stifel Nicolaus Europe Limited was sales manager in the UK. Landsbankinn co-ordinates listing of the new shares.

Landsbankinn congratulates Amaroq on the successful offering and collaboration.

You may also be interested in
Peningaseðlar
5 April 2024
Norwegian, Swedish and Danish bank notes
The use of bank notes in Europe is decreasing and especially in the Nordic countries. Increased digitalisation in commerce and trade and the pandemic have accelerated that development. Measures against money laundering have restricted foreign currency trading in cash severely and rules and legislation to prevent money laundering have been tightened, most notably in the Nordics.
Stúlka með síma
27 March 2024
Easter service - the app can come in handy!
Landsbankinn's branches and customer service centre will be closed during Easter and will open again on Tuesday 2 April.
15 March 2024
Landsbankinn lowers interest rates
Landsbankinn lowers interest rates on new, non-indexed housing mortgages with fixed rates.
Netbanki
15 March 2024
Reduced service due to maintenance Saturday night
Due to maintenance work at the Icelandic Banks' Data Centre (RB), certain of Landsbankinn’s services will be unavailable Saturday night through to Sunday morning, 16-17 March. Service disruptions are expected to last from around midnight on Saturday 16 March through to 7:00 on Sunday morning, 17 March.
Stúlkur með síma
12 March 2024
Landsbankinn’s app nominated as app of the year
Landsbankinn’s app has been nominates in the category “App of the Year 2023” at the Icelandic Web Awards, which take place on 15 March.
Fjölskylda
7 March 2024
Refinancing easier than ever
You can now refinance your housing mortgage even more easily on our web or through Landsbankinn’s app. Refinancing of housing mortgages has never been quicker or more convenient.
Peningaseðlar
4 March 2024
Outphasing of Danish, Norwegian and Swedish bills
Landsbankinn will cease buying and selling cash in three Nordic currencies in the near future. These currencies are Norwegian, Swedish and Danish krona. 
Fjármálamót á pólsku
4 March 2024
Thanks for attending in Reykjanesbær!
Landsbankinn’s second Financial Forum in Polish was extremely well attended. The Financial Forums are a series of educational events held by Landsbankinn and last week’s event in Reykjanesbær was co-hosted by the Keflavík and Environs Labour and Seaman Union.
Grindavík
28 Feb. 2024
Unchanged interest terms on new mortgages for Grindavík home owners
Landsbankinn offers the people of Grindavík who hold fixed-rate housing mortgages with the Bank and who decide to sell their housing to the State, the option to keep the terms of the old mortgage on the purchase of new homes.
28 Feb. 2024
Improved chat function on landsbankinn.is
The chat function on Landsbankinn’s website has now become even better with the addition of a new chatbot that responds to simple yet varied queries about banking and finance and can help customers in the use of self-service solutions.
Cookies

By clicking "Allow All", you agree to the use of cookies to enhance website functionality, analyse website usage and assist with marketing.

More on cookies