Brief: Gardaq A/S Exploration JV Funding Secured

Amaroq

13/07/2026 07:43

July 13 (Reuters) - Amaroq Ltd AMRQ.L:
GARDAQ A/S EXPLORATION JV FUNDING SECURED
GARDAQ A/S IS A JOINT VENTURE ESTABLISHED UNDER AGREEMENT BETWEEN AMAROQ, GCAM AND NALUNAQ A/S
GCAM TO SUBSCRIBE FOR SHARES IN GARDAQ A/S FOR PRICE OF C$4.7 MILLION
AMAROQ TO SUBSCRIBE FOR SHARES IN GARDAQ FOR C$1.8 MILLION 
AMAROQ HAS FURTHER UNDERTAKEN TO SUBSCRIBE FOR ADDITIONAL SHARES AT PRICE OF C$3.0 MILLION
PARTIES' RESPECTIVE SHAREHOLDINGS IN GARDAQ A/S REMAIN UNCHANGED -- AMAROQ TO HOLD 51%, GCAM 49%

Source text: ID:nGNE4YNW4M
Further company coverage: AMRQ.L

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))