Amaroq Minerals Ltd.

Ticker/ISIN
AMRQ
IS0000034569
Marknad/Land
Main Market, Iceland
Sweden

Senaste sammanfattade pressmeddelande från Amaroq Minerals Ltd.

Amaroq Minerals Ltd., an independent mining company with significant gold and strategic mineral assets in Southern Greenland, has engaged Arion Bank to provide market-making services for its Icelandic depositary receipts listed on Nasdaq Iceland. The agreement, effective from January 24, 2025, requires Arion Bank to post daily buy and sell quotes with a bid-ask spread close to 1.50%. This arrangement does not include performance factors or compensation in the form of shares or options. Additionally, a previous market-making agreement with Fossar Investment Bank remains in effect. Amaroq's main business focus is on exploring and developing gold and strategic metal properties in South Greenland, including the Nalunaq Gold mine.
Amaroq Minerals Ltd., a mining development company, has been awarded the Johan Dahl Land licence in South Greenland, expanding its presence in the South Greenland Copper Belt. The company reported promising initial exploration results, including gold grades up to 12.3 g/t and copper grades reaching 5.1%. The newly acquired licence is part of Amaroq's Gardaq Joint Venture and enhances its portfolio in a region noted for copper-gold mineralization potential. Amaroq plans to integrate these findings into its 2025 exploration strategy and aims to work closely with Greenland's government and communities for responsible mineral resource development. The company is focused on exploring and developing gold and strategic metal properties in Southern Greenland, with its principal asset being the Nalunaq Gold mine.
Amaroq Minerals Ltd., a mining company with significant gold and mineral assets in Southern Greenland, has appointed Edward Westropp as Head of Business Development and Corporate Affairs, effective March 24, 2025. Westropp brings over 20 years of experience in mining and natural resources, having previously held roles at WE Soda Ltd. and Lundin Energy SA. Amaroq CEO Eldur Olafsson expressed enthusiasm for Westropp's appointment, highlighting the company's growth opportunities with the start of commercial production at the Nalunaq mine in Greenland. Westropp stated that it is an exciting time to join Amaroq, as the company is well-positioned for growth in Europe. Amaroq Minerals focuses on exploring and developing gold and strategic metal properties in Southern Greenland, including the Nalunaq Gold mine and other exploration projects.
Amaroq Minerals Ltd., a mine development company in Southern Greenland, has successfully closed a US$35 million revolving credit facility with Landsbankinn, enhancing its debt structure and financial flexibility. The financing package includes three facilities, with Facility A refinancing existing credit and Facilities B and C supporting working capital and corporate purposes. The package involves fees and is secured by various pledges and agreements, with a termination date of December 2026. Additionally, Amaroq is working with the Government of Greenland and Kommune Kujalleq on an Impact Benefit Agreement (IBA), though its formalization has been delayed, potentially extending to June 2025. This delay will not affect the planned ramp-up of the Nalunaq project. Amaroq remains committed to its strategic growth and stakeholder value.
Reykjavík, December 20, 2024 (GLOBE NEWSWIRE) - A TR-1 standard form has been issued to notify about major holdings.
Amaroq Minerals Ltd., an independent mining company with gold and strategic mineral assets in Southern Greenland, announced the granting of an award to its employees under its Restricted Share Unit (RSU) Plan. This plan, developed with PwC's input, was approved by shareholders and amended in 2022, 2023, and 2024. Details are available on the company's website. Amaroq's main business involves the exploration and development of gold and strategic metal properties, including the Nalunaq Gold mine and other projects in Southern Greenland. The announcement also includes contact information for key personnel and financial advisors but does not contain inside information.
Reykjavík, December 18, 2024 (GLOBE NEWSWIRE) - TR-1 is a standard form used for notifying major holdings.
Amaroq Minerals Ltd., an independent mining company with significant gold and strategic mineral assets in Southern Greenland, announced that following the exercise of 10,000 share options by an employee, the company's issued share capital now consists of 397,702,330 common shares with voting rights as of December 17, 2024. Since the company holds no shares in treasury, this figure will be used by shareholders to determine if they need to notify any changes in their shareholding. Amaroq Minerals focuses on the exploration and development of gold and strategic metal properties in South Greenland, including a 100% interest in the Nalunaq Gold mine and other exploration projects.

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Insiderinformation: Stjórnvöld í Grænlandi samþykkja umhverfismat og samfélagsmat fyrir Nalunaq gull námuna
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Insiderinformation: Nalunaq Mine Granted Approval of Environmental and Social Impact Assessments

Amaroq Minerals Ltd. announced that the Government of Greenland has approved the Environmental Impact Assessment (EIA) and Social Impact Assessment (SIA) for its Nalunaq gold project. This approval marks a significant milestone for the company's development efforts. The EIA identified potential environmental impacts and proposed mitigation measures, while the SIA assessed the project's social impacts. Amaroq's CEO, Eldur Olafsson, emphasized the importance of this achievement and thanked the Government of Greenland and their advisors for their support. The company is now focused on finalizing the Impact Benefit Agreement (IBA) with the Government of Greenland and Kommune Kujalleq by the end of the year. Amaroq Minerals is dedicated to maintaining high environmental and social standards as it moves towards production at the Nalunaq Gold mine, expected by the end of 2024.

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Flaggningsanmälan: Holding(s) in Company

Toronto, Ontario, June 25, 2024 (GLOBE NEWSWIRE) -- TR-1: Standard form for notification of major holdings. Attachment: Amaroq - Standard form for notification of major holdings.pdf

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Övrig information som ska lämnas enligt börsens regler: Amaroq Announces Completion of Continuance and Directorship Change

Amaroq Minerals Ltd., a mining development company with significant gold and strategic mineral assets in Southern Greenland, has completed its continuance from the Canada Business Corporations Act to the Business Corporations Act (Ontario). This move, approved by shareholders on June 14, 2024, removes the requirement for at least one-quarter of the directors to be resident Canadians, leading to the resignation of Sander A.J.R. Grieve from the Board. The Board believes its current composition remains strong and does not plan to appoint a new director. Amaroq's main asset is the Nalunaq Gold mine, expected to start production by the end of 2024. The company also has several other exploration projects in Southern Greenland.

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Flaggningsanmälan: Holding(s) in Company

Reykjavik, June 19, 2024 (GLOBE NEWSWIRE) -- TR-1: Standard form for notification of major holdings.

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Kommuniké från årsstämma: Annual General and Special Meeting ('AGM') Results

Amaroq Minerals Ltd., an independent mine development corporation with significant gold and strategic mineral assets in Southern Greenland, announced the results of its Annual General and Special Meeting (AGM) held on June 14, 2024. Shareholders voted in favor of all items, and Sander Grieve was elected as an independent Non-Executive Director. Additionally, Line Frederiksen was appointed to the Board of Directors of Kalaallit Nunaanni Brugseni, a major consumer goods retailer in Greenland. Amaroq Minerals focuses on the exploration and development of gold and strategic metal properties, with its principal asset being the Nalunaq Gold mine, expected to begin production by the end of 2024. The company is incorporated under the Canada Business Corporations Act and wholly owns Nalunaq A/S, incorporated under the Greenland Public Companies Act.

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Insiderinformation: Iceland Capital Markets Day and Corporate Update

Amaroq Minerals Ltd., an independent mine development company with significant gold and strategic mineral assets in Southern Greenland, will hold a Capital Markets Day on June 13, 2024, from 14:00 to 16:00 GMT. The event will take place at Landsbankinn’s headquarters in Reykjavik and will be broadcast live for remote access. CEO Eldur Olafsson will present plans for bringing the Nalunaq Gold mine into production and discuss the company's broader mineral programs in Greenland. Questions can be submitted via email, and a recording will be available post-event. Amaroq Minerals focuses on the exploration and development of gold and strategic metal properties in South Greenland, with its principal asset being the Nalunaq Gold mine, set to commence production by the end of 2024. The company is incorporated in Canada and owns Nalunaq A/S in Greenland. For updates, follow Amaroq Minerals on social media.

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Totalt antal rösträtter och kapital: Total Voting Rights, PDMR Notification and Stock Option Awards
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Övrig information som ska lämnas enligt börsens regler: Notice of Iceland Capital Markets Day

Amaroq Minerals Ltd., an independent mine development company with significant gold and strategic mineral assets in Southern Greenland, will host a Capital Markets Day on June 13, 2024, from 14:00 to 16:00 GMT at Landsbankinn's headquarters in Reykjavik. The event will feature presentations and updates on the company's operations, including the Nalunaq Gold mine, which is set to resume production by the end of 2024. The event will be available for remote access and conducted in English. Amaroq Minerals focuses on the exploration and development of gold and strategic metal properties in Southern Greenland. Interested parties can register to attend in person or follow the event online. For more information, visit the company's website or follow their social media channels.

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Flaggningsanmälan: Director/PDMR Shareholding

Amaroq Minerals Ltd., a Canada-based mineral exploration company, has announced that Livermore Strategic Opportunities LP, managed by David Neuhauser, Non-Executive Director of Amaroq Minerals, has acquired 20,600 depositary receipts in the company on May 21, 2024. This transaction brings Neuhauser's indirect total shareholding to 14,541,224 shares, equivalent to 4.45% of the company's capital.

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