Award of Stock Options
(“
Amaroq” or the “
Company”)
Award of Stock Options
TORONTO, ONTARIO – December 20, 2023 – 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 in Southern Greenland,
announces that it has granted incentive stock option awards
("Options") to employees and a consultant of Amaroq Minerals to
acquire an aggregate of 61,490 common shares under the Company's
Stock Option Plan.
The Options have an exercise price of C$1.09 per
share, vested immediately on the date of grant, and will expire if
they remain unexercised five years from the date of the award.
Enquiries:
Amaroq Minerals Ltd.Eldur
Olafsson, Executive Director and CEO eo@amaroqminerals.com
Eddie Wyvill, Corporate Development+44 (0)7713
126727ew@amaroqminerals.com
Stifel Nicolaus Europe Limited
(Nominated Adviser and Broker)
Callum StewartVarun TalwarSimon MensleyAshton
Clanfield+44 (0) 20 7710 7600
Panmure Gordon (UK) Limited (Joint
Broker)
John PriorHugh RichDougie Mcleod+44 (0) 20 7886
2500
Camarco (Financial PR)
Billy CleggElfie KentCharlie Dingwall+44 (0) 20
3757 4980
For Corporation updates:
Follow @Amaroq_Minerals on X (Formerly known as
Twitter)
Follow Amaroq Minerals Ltd. on LinkedIn
Further Information:
About Amaroq MineralsAmaroq
Minerals' principal business objectives are the identification,
acquisition, exploration, and development of gold and strategic
metal properties in Greenland. The Corporation'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 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.
Neither the TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this news
release.
Inside Information
This announcement does not contain inside
information.
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