Block Listing Six Monthly Return
("Amaroq" or the "Company")
Block Listing Six Monthly Return
TORONTO, ONTARIO -18 May, 2023 - Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ First North: AMRQ), an independent mine development company with a substantial land package of gold and strategic mineral assets covering an area of 7,866.85 km2 in Southern Greenland, today makes the following notification pursuant to Schedule Six of the AIM Rules for Companies, regarding its existing block admission arrangements in connection with the Amaroq Minerals Stock Option Plan.
|Name of applicant:||Amaroq Minerals Ltd|
|Name of scheme:||Amaroq Minerals Stock Option Plan|
|Period of return:||From:||18 November 2022||To:||17 May 2023|
|Balance of unallotted securities under scheme(s) from previous return:||Nil|
|Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):||10,767,395|
|Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):||208,275|
|Equals: Balance under scheme(s) not yet issued/allotted at end of period:||10,559,120|
|Number and class of securities originally admitted and the date of admission||9,437,395 Common Shares of no par value each, admitted on 18 November 20221,330,000 Common Shares of no par value each, admitted on 1 February 2023|
|Name of contact:||Anna Solotova, In-House Counsel|
|Telephone number of contact:||+354 7740610|
Amaroq Minerals Ltd.
Eldur Olafsson, Executive Director and CEO
+354 665 2003
Eddie Wyvill, Investor Relations
+44 (0)7713 126727
Stifel Nicolaus Europe Limited (Nominated Adviser and Broker)
+44 (0) 20 7710 7600
Panmure Gordon (UK) Limited (Joint Broker)
+44 (0) 20 7886 2500
SI Capital Limited (Joint Broker)
+44 (0) 1483 413500
Camarco (Financial PR)
+44 (0) 20 3757 4980
For Company updates:
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Amaroq Minerals
Amaroq Minerals' principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal 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 Corporation has a portfolio of gold and strategic metal assets covering 7,866.85km2, the largest mineral portfolio in Southern Greenland covering the two known gold belts in the region. Amaroq Minerals is incorporated under the Canada Business Corporations Act and wholly owns Nalunaq A/S, incorporated under the Greenland Public Companies Act.
This announcement contains does not contain inside information.
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