Deal typeCapital Markets & Transaction Services
IndustryNatural resources & Energy
Sub-industryNatural resources
Client nameAmaroq Ltd
BDO acted as reporting accountant for the step up from AIM to the Main Market of Amaroq Ltd.
Amaroq is a mining company focused on unlocking Greenland's mineral potential through the exploration, development and production of gold and other strategic minerals. Its flagship asset is the Nalunaq Gold Mine, which achieved first gold production in November 2024 and provides the operational foundation for the Company's growth strategy.
The Company is working to expand mineral resources around Nalunaq and across its wider Greenland portfolio, while also exploring for other strategic minerals. Amaroq holds an extensive portfolio of mining and exploration licences covering approximately 8,170 km² across Greenland.
The BDO project team included:
Jeff Harris, David Wright and Sophie Sweetman (Financial due diligence)
Rachel Poole, Jonathan Szoke and Michael Constantine (ESG)
Paul Lavercombe (Tax)
Amaroq is a mining company focused on unlocking Greenland's mineral potential through the exploration, development and production of gold and other strategic minerals. Its flagship asset is the Nalunaq Gold Mine, which achieved first gold production in November 2024 and provides the operational foundation for the Company's growth strategy.
The Company is working to expand mineral resources around Nalunaq and across its wider Greenland portfolio, while also exploring for other strategic minerals. Amaroq holds an extensive portfolio of mining and exploration licences covering approximately 8,170 km² across Greenland.
“We found the BDO team to be highly professional and pragmatic throughout the process. The transaction was completed efficiently despite a demanding timetable, and we appreciated the team's commitment to delivering a successful outcome.”
Ellert Arnarson, Chief Financial Officer, Amaroq Ltd
The BDO project team included:
Jeff Harris, David Wright and Sophie Sweetman (Financial due diligence)
Rachel Poole, Jonathan Szoke and Michael Constantine (ESG)
Paul Lavercombe (Tax)