AEX Gold Inc Notification of Transactions of Directors/PDMRs (4602Y)
May 13 2021 - 1:00AM
UK Regulatory
TIDMAEXG
RNS Number : 4602Y
AEX Gold Inc
13 May 2021
("AEX" or the "Company")
Director/PDMR Shareholding
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibilities (PDMRs)
TORONTO, ONTARIO - May 13, 2021 - AEX Gold Inc. (AIM: AEXG;
TSXV: AEX) announces that on May 13, 2021 it was informed that a
number of its directors have acquired a total of 418,750 common
shares of no par value in the Company at an average price of
C$0.512 or 30.21p.
Director Common Shares Resulting % Issued
Acquired Holding Share Capital
Eldur Olafsson 100,000 8,006,385 4.52
-------------- ---------- ---------------
Graham Stewart 100,000 2,043,058 1.15
-------------- ---------- ---------------
George Fowlie 25,000 269,000 0.15
-------------- ---------- ---------------
Jaco Crouse 93,750 100,000 0.06
-------------- ---------- ---------------
Sigurbjorn Thorkelsson 100,000 6,727,834 3.80
-------------- ---------- ---------------
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
AND THEIR CLOSELY ASSOCIATED PERSONS
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: 1) Eldur Olafsson
2) Graham Stewart
3) George Fowlie
4) Jaco Crouse
5) Sigurbjorn Thorkelsson
--------------------------------- ----------------------------------------------
2. Reason for the notification
---------------------------------------------------------------------------------
a) Position/status: 1) CEO and Director
2) Chairman
3) Non-executive Director
4) Chief Financial Officer
5) Non-executive Director
--------------------------------- ----------------------------------------------
b) Initial notification/Amendment Initial notification
--------------------------------- ----------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------
a) Name AEX Gold Inc
--------------------------------- ----------------------------------------------
b) LEI: 213800Q21S5JQ6WKCE70
--------------------------------- ----------------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
---------------------------------------------------------------------------------
a) Description of the financial Common shares of no par value
instrument, type of instrument: in AEX Gold Inc.
Identification code: ISIN: CA00108V1022
--------------------------------- ----------------------------------------------
b) Nature of the transaction: Purchase of common shares of no
par value in AEX Gold Inc
--------------------------------- ----------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
1) C$0.5383 30,000
30.0p 70,000
--------- ----------
2) 28.457p 15,000
29.3p 17,000
30.0p 68,000
--------- ----------
3) C$0.52 10,500
C$0.52 14,500
--------- ----------
C$0.52 6,000
C$0.52 2,000
C$0.52 2,500
C$0.52 5,000
C$0.52 2,500
C$0.52 500
C$0.52 1,500
C$0.52 50,000
C$0.52 21,000
C$0.52 1,500
C$0.52 1,000
4) C$0.52 250
--------- ----------
5) 29.875p 100,000
--------- ----------
--------------------------------- ------------------------------------------------
d) Aggregated information:
* Aggregated volume: Aggregated volume Price
1) 100,000 30.530p*
------------------ ---------
* Price: 2) 100,000 29.650p
------------------ ---------
3) 25,000 C$0.52
------------------ ---------
4) 93,750 C$0.52
------------------ ---------
5) 100,000 29.975p
------------------ ---------
--------------------------------- ----------------------------------------------
e) Date of the transaction(s): 1) 11 May 2021, 12 May 2021
2) 10 May 2021, 11 May 2021
3) 10 May 2021, 11 May 2021
4) 11 May 2021
5) 11 May 2021
--------------------------------- ----------------------------------------------
f) Place of the transaction 1) XTSX and XLON
2) XLON
3) XTSX
4) XTSX
5) XLON
--------------------------------- ----------------------------------------------
* Converted using a CAD: GBP exchange rate of 0.59
Enquiries:
AEX Gold Inc.
Eddie Wyvill, Investors Relations +44 7713 126727
ew@aexgold.com
Eldur Olafsson, Director and CEO +354 665 2003
eo@aexgold.com
Stifel Nicolaus Europe Limited (Nominated +44 (0) 20 7710
Adviser and Broker) 7600
Callum Stewart
Simon Mensley
Ashton Clanfield
+44 (0) 20 3757
Camarco (Financial PR) 4980
Gordon Poole
Nick Hennis
Further Information:
About AEX
AEX's principal business objectives are the identification,
acquisition, exploration and development of gold properties in
Greenland. The Company's principal asset is a 100% interest in the
Nalunaq Project, an advanced exploration stage property with an
exploitation license including the previously operating Nalunaq
gold mine. The Company has a portfolio of gold assets covering 3870
km(2) , the largest portfolio of gold assets in Southern Greenland
covering the two known gold belts in the region. AEX is
incorporated under the Canada Business Corporations Act and wholly
owns Nalunaq A/S, incorporated under the Greenland Public Companies
Act.
Inside Information
The information contained within this announcement is considered
to be inside information prior to its release, as defined in
Article 7 of the Market Abuse Regulation No. 596/2014, and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
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