Holding(s) in Company
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Toronto, Ontario, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ("Amaroq" or
the "Corporation" or the "Company")
Notification of Holdings
TORONTO, ONTARIO – 27 February 2024 – Amaroq Minerals Ltd. (AIM, TSX-V,
NASDAQ Iceland: AMRQ), an independent mining company with a substantial land
package of gold and strategic energy transition mineral assets in
Southern Greenland, as a result of the fundraising announced on 23 February
2024, announces the following changes in its major shareholders:
I. TR-1: Standard form for notification of major
holdings
NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Amaroq Minerals Ltd.
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights X
Other (please specify):
3. Details of person subject to the notification obligation
Name JLE Property Ltd
City and country of registered office (if applicable) Lichfield, England
4. Full name of shareholder(s) (if different from 3.)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached: 23 February 2024
6. Date on which issuer notified (DD/MM/YYYY): 26 February 2024
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer (8.A + 8.B)
Resulting situation on the date on which threshold was crossed or reached 6.05% - 6.05% 19,745,773
Position of previous notification (if applicable) 7.37% - 7.37% 19,407,936
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible) Number of voting rights % of voting rights
Direct (DTR5.1) Indirect (DTR5.2.1) Direct (DTR5.1) Indi
rect
(DTR
5.2.
1)
CA02312A1066 19,745,773 6.05%
SUBTOTAL 8. A 19,745,773 6.05%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument Expiration date Exercise/ Conversion Period Number of voting rights that may be acquired if the instrument is exercised/converted. % of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument Expiration date Exercise/ Conversion Period Physical or cash Settlement Number of voting rights % of voting rights
SUBTOTAL 8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer X
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)
Name % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information
Place of completion Lichfield, England
Date of completion 1. February 2024
II. TR-1: Standard form for notification of major
holdings
NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Amaroq Minerals Ltd.
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights X
Other (please specify):
3. Details of person subject to the notification obligation
Name Eldur Olafsson
City and country of registered office (if applicable) Reykjavik, Iceland
4. Full name of shareholder(s) (if different from 3.)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached: 23 February 2024
6. Date on which issuer notified (DD/MM/YYYY): 26 February 2024
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer (8.A + 8.B)
Resulting situation on the date on which threshold was crossed or reached 2.79% - 2.79% 9,108,918
Position of previous notification (if applicable) 3.45% - 3.45% 9,108,918
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible) Number of voting rights % of voting rights
Direct (DTR5.1) Indirect (DTR5.2.1) Direct (DTR5.1) Ind
ire
ct
(DT
R5.
2.1
)
CA02312A1066 9,108,918 2.79%
SUBTOTAL 8. A 9,108,918 2.79%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument Expiration date Exercise/ Conversion Period Number of voting rights that may be acquired if the instrument is exercised/converted. % of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument Expiration date Exercise/ Conversion Period Physical or cash Settlement Number of voting rights % of voting rights
SUBTOTAL 8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer X
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)
Name % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information
Place of completion Reykjavik, Iceland
Date of completion 26 February 2024
III. TR-1: Standard form for notification of major
holdings
NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Amaroq Minerals Ltd.
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights X
Other (please specify):
3. Details of person subject to the notification obligation
Name First Pecos, LLC
City and country of registered office (if applicable) Monahans, Texas USA
4. Full name of shareholder(s) (if different from 3.)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached: 23 February 2024
6. Date on which issuer notified (DD/MM/YYYY): 26 February 2024
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer (8.A + 8.B)
Resulting situation on the date on which threshold was crossed or reached 4.86% - 4.86% 15,853,128
Position of previous notification (if applicable) 6.01% - 6.01% 15,853,128
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible) Number of voting rights % of voting rights
Direct (DTR5.1) Indirect (DTR5.2.1) Direct (DTR5.1) Ind
ire
ct
(DT
R5.
2.1
)
CA02312A1066 15,853,128 4.86%
SUBTOTAL 8. A 15,853,128 4.86%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument Expiration date Exercise/ Conversion Period Number of voting rights that may be acquired if the instrument is exercised/converted. % of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument Expiration date Exercise/ Conversion Period Physical or cash Settlement Number of voting rights % of voting rights
SUBTOTAL 8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer X
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)
Name % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information
Place of completion Monahans, Texas USA
Date of completion 26 February 2024
IV. TR-1: Standard form for notification of major
holdings
NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Amaroq Minerals Ltd.
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights X
Other (please specify):
3. Details of person subject to the notification obligation
Name Livermore Partners, LLC
City and country of registered office (if applicable) Northbrook, Illinois
4. Full name of shareholder(s) (if different from 3.)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached: 23 February 2024
6. Date on which issuer notified (DD/MM/YYYY): 26 February 2024
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer (8.A + 8.B)
Resulting situation on the date on which threshold was crossed or reached 4.44% - 4.44% 14,481,924
Position of previous notification (if applicable) 5.49% - 5.49% 14,481,924
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible) Number of voting rights % of voting rights
Direct (DTR5.1) Indirect (DTR5.2.1) Direct (DTR5.1) Ind
ire
ct
(DT
R5.
2.1
)
CA02312A1066 14,481,924 4.44%
SUBTOTAL 8. A 14,481,924 4.44%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument Expiration date Exercise/ Conversion Period Number of voting rights that may be acquired if the instrument is exercised/converted. % of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument Expiration date Exercise/ Conversion Period Physical or cash Settlement Number of voting rights % of voting rights
SUBTOTAL 8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer X
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)
Name % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information
Place of completion Northbrook, Illinois
Date of completion 26 February 2024
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