Notification of Major Holdings

TORONTO, ON / ACCESSWIRE / August 5, 2021 / AEX Gold Inc. (AIM:AEXG; TSXV:AEX) announces that on 4 August 2021 it was informed by TB Amati UK Smaller Companies Fund ("Amati") that Amati has sold a total of 3,319,512 common shares of no par value over the period 10 February 2021 to 4 March 2021, and now holds 8,902,710 shares, representing 5.03 per cent. of the Company's issued share capital.

AEX further announces that pursuant to Schedule Five of the AIM Rules for Companies, the settlement date of the relevant change to the holding was 15 February 2021.

The Company's AIM Rule 26 disclosures on its website have been appropriately updated.

AEX Gold Inc.
Eddie Wyvill, Investors Relations	+447713126727 [email protected]
Eldur Olafsson, Director and CEO	+3546652003 [email protected]
Stifel Nicolaus Europe Limited (Nominated Adviser and Broker)	+44 (0) 20 7710 7600
Callum Stewart Simon Mensley Ashton Clanfield
Panmure Gordon (UK) Limited (Joint Broker) John Prior Hugh Rich Dougie Mcleod	+44 (0) 20 7886 2500
Camarco (Financial PR)	+44 (0) 20 3757 4980
Gordon Poole Nick Hennis

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 km², 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.

This announcement does not contain inside information.

SOURCE: AEX Gold Inc.

View source version on accesswire.com:
https://www.accesswire.com/658529/Notification-of-Major-Holdings

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