REG - Amaroq Minerals Ltd - Block Listing Application

Amaroq MineralsAnnouncement

01/02/2023 07:00

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RNS Number : 4962O  Amaroq Minerals Ltd  01 February 2023

 

 

 

("Amaroq" or the "Company")

Block Listing Application

 

TORONTO, ONTARIO - February 01, 2023 - 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 km(2) in Southern Greenland, has made an
application to the London Stock Exchange for a block listing of securities in
respect of 1,330,000 common shares (the "New Common Shares") to be admitted to
trading on AIM, with admission expected to become effective on or around 06
February 2023.

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 incentive stock
option awards to employees and a consultant of Amaroq Minerals, as announced
on 30 December 2022. The awards have been made in accordance with the
Company´s Stock Option Plan ("Amaroq Minerals Stock Option Plan") dated 1
May, 2017 as amended on 16 June 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 263,211,732 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

+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.

Inside Information

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No. 596/2014 on Market Abuse ("UK MAR"),
as it forms part of UK domestic law by virtue of the European
Union (Withdrawal) Act 2018, and Regulation (EU) No. 596/2014 on Market Abuse
("EU MAR").

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