REG - Amaroq Minerals Ltd - Block Listing Application

Amaroq MineralsAnnouncement

18/11/2022 17:15

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RNS Number : 9666G  Amaroq Minerals Ltd  18 November 2022

 

 

 

("Amaroq" or the "Company")

Block Listing Application

 

TORONTO, ONTARIO - November 18, 2022 - Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ
First North: AMRQ - formerly AEX Gold), 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, has made an
application to the London Stock Exchange for a block listing of securities in
respect of 9,437,395 common shares (the "New Common Shares") to be admitted to
trading on AIM, with admission expected to become effective on or around 24
November 2022.

The New Common Shares are being reserved and will be issued as required in
order to cover the future issue of common shares arising from the Company´s
Stock Option Plan dated 01 May, 2017 as amended on 16 June 2022, relating to
historic awards prior to 18 November 2022.

When issued, the New Common Shares will be credited as fully paid and will
rank pari passu in all respects with the existing ordinary shares of no par
value in the capital of the Company.

At present, Amaroq's total issued share capital consists of 263,073,022 common
shares of no par value. 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
under the Disclosure Guidance and Transparency Rules.

 

Enquiries:

Amaroq Minerals ltd.

Eldur Olafsson, Director and CEO

+354 665 2003
eo@amaroqminerals.com (mailto:eo@amaroqminerals.com)

 

Eddie Wyvill, Investor Relations

+44 (0) 7713 126727
ew@amaroqminerals.com (mailto:ew@amaroqminerals.com)

 

Stifel Nicolaus Europe Limited (Nominated Adviser and Broker)

Callum Stewart

Varun Talwar

Simon Mensley

Ashton Clanfield

+44 (0) 20 7710 7600

 

Panmure Gordon (UK) Limited (Joint Broker)

John Prior

Hugh Rich

Dougie Mcleod

+44 (0) 20 7886 2500

 

SI Capital Limited (Joint Broker)

Nick Emerson

Charlie Stephenson

+44 (0) 1483 413500

 

Camarco (Financial PR)

Billy Clegg

Elfie Kent

Charlie Dingwall

+44 (0) 20 3757 4980

 

For Company updates:

Follow @Amaroqminerals on Twitter

Follow Amaroq Minerals Inc. on LinkedIn

 

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 does not contain inside information.

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