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
19 Dec. 2024
The Landsbankinn 2025 Calendar - Water
The Landsbankinn calendar for 2025 is dedicated to water and its diverse roles in our lives. This year, the calendar features watercolor paintings by the artist Stefán "Mottan" Óli Baldursson.
19 Dec. 2024
Opening hours over Christmas and the New Year
Landsbankinn’s branches and Customer Service Centre will be closed on Christmas Eve Day, Christmas Day, Boxing Day and on New Year’s Day. On New Year’s Eve, the Bank is open until 12:00, which means that branches that generally open at 12:00 are closed that day. General opening hours apply on other days. The app and online banking are of course available anytime and anywhere.
Vilhelm Már Þorsteinsson, Halla Tómasdóttir forseti Íslands, Jón Atli Benediktsson, Jón Þ. Sigurgeirsson, Lilja B. Einarsdóttir, Sóllilja Bjarnadóttir, Aysan Safavi, Adam Janusz Switala og Vigdís Sif Hrafnkelsdóttir.
6 Dec. 2024
The President of Iceland addressed the anniversary meeting of Háskjólasjóður Eimskipafélagsins
In her address to the anniversary meeting of Háskólasjóður Eimskipafélag Íslands, Halla Tómasdóttir, the President of Iceland, spoke of the importance of higher education, innovation and research. Three recipients of grants from the Fund presented their doctoral theses.
Kona með hund
4 Dec. 2024
Automatic renewal of paying supplementary pension savings towards mortgage
We would like to draw attention to the fact that individuals with active arrangements for allocating supplementary pension savings towards the principal of their mortgage do not need to reapply for a continuation as the arrangement will automatically renew at the end of the year.
4 Dec. 2024
Helgi Áss Icelandic Chess Champion after winning Landsbankinn’s Friðriksmót
Grand Master Helgi Áss Grétarsson came, saw and conquered at Landsbankinn’s Friðriksmót, the Icelandic rapid chess tournament, held at the Bank’s headquarters at Reykjastræti on 1 December.
29 Nov. 2024
Lighting of the Hamburg tree Saturday 30 November
The lights on the Hamburg Christmas tree will be lit at 17:00 on 30 November during a festive ceremony and to the accompaniment of merry music, courtesy of the Hafnarfjörður Brass Band.
Austurbakki
22 Nov. 2024
Changes to criteria for new housing mortgages
Landsbankinn has made changes to the maximum loan term for new inflation-indexed mortgages and the loan-to-value (LTV) ratios for both indexed and non-indexed mortgages.
Landsbankinn
22 Nov. 2024
Landsbankinn changes interest rates
Landsbankinn changes deposit and lending rates and the new interest rate tariff enters into effect on Monday 2 December 2024. The main changes are as follows:
18 Nov. 2024
Landsbankinn makes a donation to Krýsuvíkursamtökin in the name of Exceptional Companies
As in previous years, Landsbankinn has made a donation to a good cause in the name of all Exceptional Companies recognised by Creditinfo. This year, the donation of ISK 4 million goes to Krýsuvíkursamtökin.
Austurbakki
14 Nov. 2024
Open sale process of Greiðslumiðlun Íslands ehf.
Landsbankinn hf., Bál ehf. and Solvent ehf., as the owners of all share capital in Greiðslumiðlun Íslands ehf. (GMÍ), have decided to offer their shares for sale in an open sale process.
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