TIDMAMRQ
TORONTO, ONTARIO, Jan. 02, 2024 (GLOBE NEWSWIRE) -- ("Amaroq" or
the "Company")
Director/PDMR Shareholding - Notification of Transactions of
Directors/Persons Discharging Managerial Responsibilities
(PDMRs)
TORONTO, ONTARIO -- January 2, 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 was
informed that Eldur Olafsson, Chief Executive Officer, acquired
59,800 common shares of no par value in the Company. This brings
Eldur Olafsson's total holding to 9,108,918, 3.45% of the capital
in Amaroq.
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
AND THEIR CLOSELY ASSOCIATED PERSONS
1. Details of the person discharging managerial
responsibilities/person closely associated
a) Name: Eldur Olafsson
2. Reason for the notification
a) Position/status: Chief Executive Officer
b) Initial notification/Amendment: Initial notification
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name: Amaroq Minerals Ltd.
b) LEI: 213800Q21S5JQ6WKCE70
4.Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
a) Description of the financial instrument, type of instrument:
Common shares of no par value in Amaroq Minerals Ltd.
Identification code:ISIN: CA02312A1066
b) Nature of the transaction: Purchase of common shares of no
par value in Amaroq Minerals Ltd.
c) Price(s) and volume(s):
Price(s) Volume(s)
------------ ---------
CAD$ 1.1315 33,800
------------ ---------
d) Aggregated information:
-- Aggregated volume: 33, 800
-- Average price: CAD$ 1.1315
e) Date of the transaction(s): December 27, 2023
f) Place of the transaction:TSXV
1.Details of the person discharging managerial
responsibilities/person closely associated
a) Name: Eldur Olafsson
2. Reason for the notification
a) Position/status:Chief Executive Officer
b) Initial notification/Amendment: Initial notification
3.Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name: Amaroq Minerals Ltd.
b) LEI:213800Q21S5JQ6WKCE70
4.Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
a) Description of the financial instrument, type of instrument:
Common shares of no par value in Amaroq Minerals Ltd.
Identification code: ISIN: CA02312A1066
b) Nature of the transaction:Purchase of common shares of no par
value in Amaroq Minerals Ltd.
c) Price(s) and volume(s):
Price(s) Volume(s)
------------ ---------
CAD$ 1,1786 26,000
------------ ---------
d) Aggregated information:
-- Aggregated volume: 26,000
-- Average price: CAD$ 1.1786
e) Date of the transaction(s): December 29, 2023
f) Place of the transaction: TSXV
Enquiries:
Amaroq Minerals Ltd.
Eldur Olafsson, Executive Director and CEO
eo@amaroqminerals.com
Eddie Wyvill, Corporate Development
+44 (0)7713 126727
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
Camarco (Financial PR)
Billy Clegg
Elfie Kent
Charlie 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 Minerals
Amaroq 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.
Attachment
-- AMRQ EO shares
https://ml-eu.globenewswire.com/Resource/Download/58741103-5384-4147-801c-3458311c08f6
(END) Dow Jones Newswires
January 02, 2024 15:16 ET (20:16 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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