REG-Total Voting Rights and Block Listing Six Monthly Return

AmaroqAnnouncement

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Reykjavík, April 20, 2026 (GLOBE NEWSWIRE) -- ("Amaroq" or the "Company")

Total Voting Rights and Block Listing Six Monthly Return

TORONTO, ONTARIO – 20 April 2026 – Amaroq Ltd. (AIM, NASDAQ Iceland: AMRQ,
OTCQX: AMRQF), an independent mine development corporation focused on
unlocking Greenland’s mineral potential, announces that, following the
exercise of share options, as at 17 April 2026 the Company’s issued share
capital consists of 466,034,755 common shares of no par value each, and each
with voting rights. Given the Company does not hold any common shares in
Treasury, this figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change in interest in, the share capital of the Company.

Block Listing Six Monthly Return

 Name of applicant:                                                                                                                          Amaroq Ltd                                                                                                                                                                                                                              
 Name of scheme:                                                                                                                             Amaroq Ltd. Stock Option Plan                                                                                                                                                                                                           
 Period of return:                                                                                                                           From:                                                     23 October 2025                                           To:                                                       20 April 2026                                             
 Balance of unallotted securities under scheme(s) from previous return:                                                                      9,160,981                                                                                                                                                                                                                               
 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):  0                                                                                                                                                                                                                                       
 Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):                                                    1,353,609                                                                                                                                                                                                                               
 Equals: Balance under scheme(s) not yet issued/allotted at end of period:                                                                   7,807,372                                                                                                                                                                                                                               
 Number and class of securities originally admitted and the date of admission                                                                9,437,395 Common Shares of no par value each, admitted on 24 November 2022  1,330,000 Common Shares of no par value each, admitted on 6 February 2023  19,480 Common Shares of no par value each, admitted on 10 August 2023            



 Name of contact:              Anna Solotova, VP Corporate Legal and Corporate Secretary  
 Telephone number of contact:  +354 774 06 10                                             

Enquiries:
Amaroq Ltd. C/O 
Ed Westropp, Chief Corporate Development and Strategy Officer
+44 (0)7385 755711
ewe@amaroqminerals.com

Panmure Liberum Limited (Nominated Adviser and Corporate Broker)
Scott Mathieson
Freddie Wooding
+44 (0) 20 7886 2500

Canaccord Genuity Limited (Corporate Broker)
James Asensio
Harry Rees
+44 (0) 20 7523 8000

Citigroup Global Markets Limited (Corporate Broker)
Andrew Miller-Jones
David Herring
+44 (0) 20 7986 4000

Camarco (Financial PR)
Billy Clegg
Elfie Kent
Fergus Young 
+44 (0) 20 3757 4980

Further Information: 

Amaroq’s principal business objectives are the identification, acquisition,
exploration, and development of gold and strategic metal properties in South
Greenland. The Company’s principal asset is a 100% interest in the Nalunaq
Gold mine. The Company has a portfolio of gold and strategic metal assets in
Southern Greenland covering the two known gold belts in the region as well as
advanced exploration projects at Stendalen and the Sava Copper Belt exploring
for Strategic metals such as Copper, Nickel, Rare Earths and other minerals.
Amaroq is continued under the Business Corporations Act (Ontario) and wholly
owns Nalunaq A/S, incorporated under the Greenland Companies Act.
Inside Information

This announcement does not contain inside information