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AEX Gold's London IPO: hopping the pond or jumping the shark?

AEX Gold's London IPO: hopping the pond or jumping the shark?

AEX Gold (Can:AEX) has this week announced its intention to list in London and raise more than its Toronto Stock Exchange (TSX) market capitalisation of C$66.7m (£39m). Some local investors will have deja vu from the pitch: AEX is trying to re-open the Nalunaq gold mine, which Angel Mining had the rights to until 2013, when it went under. AEX is planning a London IPO by the end of the month. 

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