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Director/PDMR Shareholding

5 Jan 2024 18:36

Director/PDMR Shareholding

TORONTO, ONTARIO, Jan. 05, 2024 (GLOBE NEWSWIRE) -- (“Amaroq” or the “Company”)

Director/PDMR Shareholding - Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs)

TORONTO, ONTARIO – January 5, 2024 – Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine development corporation with a substantial land package of gold and strategic mineral assets across in Southern Greenland, announces that it was informed that Joan Plant, Executive Vice President, sold 41,558 common shares of no par value in the Company to cover taxes in earlier option exercise.

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: Joan Plant

2. Reason for the notification a) Position/status: Executive Vice President b) Initial notification/Amendment: Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name: Amaroq Minerals Ltd. 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 instrument, type of instrument: Common shares of no par value in Amaroq Minerals Ltd. Identification code:ISIN: CA02312A1066

b) Nature of the transaction: Sale of common shares of no par value in Amaroq Minerals Ltd. to cover taxes in earlier option exercise c) Price(s) and volume(s):

 Price(s)Volume(s)
1)CAD$ 1.23,900
2)CAD$ 1.237,100
3)CAD$ 1.22558

d) Aggregated information:

Aggregated volume: 41,558Average price: CAD$ 1.2

e) Date of the transaction(s):

1) January 02, 2024 2) January 03, 2024 3) January 04, 2024

f) Place of the transaction: TSXV

Enquiries:

Amaroq Minerals Ltd.Eldur Olafsson, Executive Director and CEO eo@amaroqminerals.com

Eddie Wyvill, Corporate Development+44 (0)7713 126727ew@amaroqminerals.com

Stifel Nicolaus Europe Limited (Nominated Adviser and Broker)

Callum StewartVarun TalwarSimon MensleyAshton Clanfield+44 (0) 20 7710 7600

Panmure Gordon (UK) Limited (Joint Broker)

John PriorHugh RichDougie Mcleod+44 (0) 20 7886 2500

Camarco (Financial PR)

Billy CleggElfie KentCharlie Dingwall+44 (0) 20 3757 4980

For Corporation updates:

Follow @Amaroq_Minerals on X (Formerly known as Twitter)

Follow Amaroq Minerals Ltd. on LinkedIn

Further Information:

About Amaroq MineralsAmaroq Minerals' principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in Greenland. The Corporation'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 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.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

Inside Information

This announcement does not contain inside information.

Attachment

AMRQ JP Shareholding - Notification
Date   Source Headline
14th Aug 20257:00 amGNWQ2 2025 Financial Results
7th Aug 20257:00 amGNWNotice of Results and Investor Presentation
21st Jul 20257:00 amGNWCommencement of 2025 Exploration Campaign
8th Jul 20252:30 pmGNWHolding(s) in Company
8th Jul 20257:00 amGNWCompany name change to Amaroq Ltd.
1st Jul 20257:00 amGNWCommencement of Trading on OTCQX in the U.S.
30th Jun 20257:57 pmGNWHolding(s) in Company
30th Jun 20257:00 amGNWClosing of Fundraising and Admission
27th Jun 20251:15 pmGNWPublication of a Prospectus in connection with recently announced fundraising
26th Jun 20254:25 pmGNWDirector/PDMR Shareholding
13th Jun 20257:30 pmGNWHolding(s) in Company
13th Jun 20257:20 pmGNWResult of AGM
12th Jun 20257:00 amGNWResults of Fundraising
11th Jun 20255:36 pmGNWProposed equity fundraising and acquisition of additional licences to create a new West Greenland Hub
28th May 20253:54 pmGNWFormation of Strategic Services JV Company and Investment by JV Partner
22nd May 20257:00 amGNWCorrection - Exploration Update for Strategic Minerals JV
20th May 202510:29 pmGNWAmaroq Files Technical Report for its Nalunaq Property
20th May 202510:29 pmGNWAmaroq Minerals Comments on Recent Trading Activity
15th May 202512:00 pmGNWAnnual Report and Notice of Meeting
14th May 20257:00 amGNWQ1 2025 Financial Results
13th May 20257:00 amGNW2024 Exploration Update for Strategic Minerals JV
7th May 20257:00 amGNWNotice of Results and Investor Presentation
2nd May 20259:06 pmGNWUpdate on Market Making Arrangements
23rd Apr 20253:22 pmGNWBlock Listing Six Monthly Return and Holding(s) in Company
14th Apr 20252:42 pmGNWHolding(s) in Company
9th Apr 20257:00 amGNWManagement Increasing Ownership in Amaroq Minerals and RSU Vesting Update
7th Apr 202511:42 amGNWHolding(s) in Company
1st Apr 20251:43 pmGNWHolding(s) in Company
31st Mar 20256:28 pmGNWDirector/PDMR Shareholding
28th Mar 20251:58 pmGNWHolding(s) in Company
28th Mar 20257:00 amGNWSignificant Increase in Nalunaq Mineral Resource Estimate
28th Mar 20257:00 amGNW2024 Full Year Financial Results
21st Mar 20257:00 amGNWNotice of Results and Investor Presentation
5th Mar 20252:29 pmGNWHolding(s) in Company
27th Feb 20257:00 amGNWAmaroq presents Nalunaq 2024 Exploration Results
12th Feb 20257:59 pmGNWAwards under Restricted Share Unit Plan
24th Jan 20255:04 pmGNWAmaroq Announces Market-Making Arrangements with Arion bank
24th Jan 20257:00 amRNS-RNew Episode of South Greenland Mining Documentary
22nd Jan 20257:00 amGNWAmaroq Awarded Johan Dahl Land Licence and Positive Initial Exploration Results
21st Jan 20257:00 amGNWAppointment of Head of Business Development and Corporate Affairs
10th Jan 20254:13 pmGNWHolding(s) in Company
30th Dec 202412:34 pmGNWClosing of US$35 million Revolving Credit Facility and Update on Impact Benefit Agreement
20th Dec 20242:30 pmGNWHolding(s) in Company
19th Dec 20242:40 pmGNWAwards under Restricted Share Unit Plan and Notification of Major Holdings
18th Dec 202412:34 pmGNWHolding(s) in Company
17th Dec 20241:14 pmGNWTotal Voting Rights
17th Dec 20247:00 amGNWClosing of Fundraising and Admission
16th Dec 20247:00 amGNWUpdate to Fundraising Settlement
12th Dec 20247:00 amGNWAmaroq Identifies High-Grade Gold at Eagle’s Nest Exploration Project
11th Dec 202412:27 pmGNWHolding(s) in Company

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