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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Nyhetsuppdatering från Amaroq Minerals Ltd.

Kallelse till årsstämma: Correction: Annual Report and Notice of Meeting

Amaroq Minerals Ltd., a mine development company with gold and strategic mineral assets in Southern Greenland, has published its Annual Report and Financial Statements for 2023 and Notice of Annual and Special General Meeting of Shareholders. The meeting will be held virtually on June 14, 2024. Shareholders will vote on the company's continuation from a corporation under the Canada Business Corporations Act (CBCA) to the Business Corporations Act (Ontario) (OBCA). This move is intended to allow the company to attract and appoint directors with a broad range of skills and experience from a global talent pool. The transition is subject to regulatory approvals. Sander A.J.R. Grieve is nominated for the Board to fulfil the director residency requirement, and will step down once the continuance is finalized.

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Övrig information som ska lämnas enligt börsens regler: Annual Report and Notice of Meeting

Amaroq Minerals Ltd., an independent mine development company with significant gold and strategic mineral assets in Southern Greenland, has announced the posting of its Annual Report and Financial Statements for 2023 and Notice of Annual and Special General Meeting of Shareholders. The meeting will take place remotely on June 14, 2024, and will involve voting on the company's continuation from a corporation under the Canada Business Corporations Act to the Business Corporations Act (Ontario), among other resolutions. This move is aimed at providing the company with more flexibility to attract and nominate suitable director candidates from a global talent pool. The transition is subject to regulatory approvals.

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Övrig information som ska lämnas enligt börsens regler: Notice of Results and Investor Presentation

Ontario-based independent mine development company, Amaroq Minerals, will publish its Q1 2024 results on 14 May 2024. On the same day, a remote presentation for investors and analysts will be held, which will include a Q&A session. Amaroq Minerals has a significant land package of gold and strategic mineral assets in Southern Greenland. The company's main asset is the Nalunaq Project, an advanced exploration stage property with an exploitation license for the previously operating Nalunaq gold mine.

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Flaggningsanmälan: Director/PDMR Shareholding

Amaroq Minerals Ltd. announced that Livermore Partners LLC, where Amaroq's Non-Executive Director David Neuhauser is the Managing Director, has acquired an additional 19,200 common shares of the company. This acquisition increases Livermore Partners LLC's total shareholding to 14,501,124 shares, representing 4.44% of Amaroq Minerals' capital. The principal business objectives of Amaroq Minerals are to identify, acquire, explore, and develop gold and strategic metal properties in Greenland.

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