Total Voting Rights and Exercise of Stock Options
14 October 2024 - 5:00PM
(“Amaroq” or the “Corporation” or the
“Company”)
Total Voting Rights and Exercise of Stock
Options
TORONTO, ONTARIO – 14 October 2024 – Amaroq
Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent
mine development corporation with a substantial land package of
gold and strategic mineral assets across Southern Greenland,
announces that the TSX Venture Exchange (“TSXV”) has approved the
amendments to the US$22.4m Convertible Notes due 2027.
Following the announcement on 04 October 2024
and the consent of the TSXV, the 33,629,068 Principal Conversion
Shares, 1,293,356 Interest Conversion Shares and 3,307,502
Commitment Fee Conversion Shares have now been admitted to trading
on AIM. The shares will be admitted to trade on the TSXV and Nasdaq
Iceland’s main market in due course.
Separately, an employee has exercised options,
and as a result of the exercise 11,090 shares have been issued.
Therefore, following the conversion and exercise
of options, Amaroq’s share capital consists of 365,659,743 common
shares of no par value as at 14 October 2024, 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.
Capitalised terms not otherwise defined in the
text of this announcement have the meanings given in the Company's
announcement dated 04 October 2024.
Enquiries:
Amaroq Minerals Ltd. Eldur Olafsson,
Executive Director and CEOeo@amaroqminerals.com
Eddie Wyvill, Corporate Development+44 (0)7713
126727ew@amaroqminerals.com
Stifel Nicolaus Europe Limited (Nominated Adviser and
Joint Broker)Callum StewartVarun TalwarSimon MensleyAshton
Clanfield+44 (0) 20 7710 7600
Panmure Liberum (UK) Limited (Joint
Broker)Scott MathiesonKieron Hodgson+44 (0) 20 7886
2500
Camarco (Financial PR)Billy CleggElfie
KentFergus Young+44 (0) 20 3757 4980
For Company updates:Follow @Amaroq_minerals on
X (Formerly known as Twitter)Follow Amaroq Minerals Inc. on
LinkedIn
Further Information:
About Amaroq Minerals
Amaroq Minerals' 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
past producing Nalunaq Gold mine which is due to go into production
towards the end of 2024. 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 Minerals is continued under the Business Corporations Act
(Ontario) and wholly owns Nalunaq A/S, incorporated under the
Greenland Public Companies Act.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Inside Information
This announcement does not contain inside
information.
Amaroq Minerals (TSXV:AMRQ)
Historical Stock Chart
From Oct 2024 to Nov 2024
Amaroq Minerals (TSXV:AMRQ)
Historical Stock Chart
From Nov 2023 to Nov 2024
