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Reykjavik, Oct. 14, 2024 (GLOBE NEWSWIRE) —
(“Amaroq” or the “Company” or the “Firm”)
Complete Voting Rights and Train of Inventory Choices
TORONTO, ONTARIO – 14 October 2024 – Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an impartial mine growth company with a considerable land package deal of gold and strategic mineral belongings throughout Southern Greenland, declares that the TSX Enterprise Alternate (“TSXV”) has permitted the amendments to the US$22.4m Convertible Notes due 2027.
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Following the announcement on 04 October 2024 and the consent of the TSXV, the 33,629,068 Principal Conversion Shares, 1,293,356 Curiosity Conversion Shares and three,307,502 Dedication Payment Conversion Shares have now been admitted to buying and selling on AIM. The shares shall be admitted to commerce on the TSXV and Nasdaq Iceland’s primary market in the end.
Individually, an worker has exercised choices, and because of the train 11,090 shares have been issued.
Due to this fact, following the conversion and train of choices, Amaroq’s share capital consists of 365,659,743 widespread shares of no par worth as at 14 October 2024, every with voting rights. Given the Firm doesn’t maintain any widespread shares in Treasury, this determine could also be utilized by shareholders because the denominator for the calculations by which they may decide if they’re required to inform their curiosity in, or a change in curiosity in, the share capital of the Firm.
Capitalised phrases not in any other case outlined within the textual content of this announcement have the meanings given within the Firm’s announcement dated 04 October 2024.
Enquiries:
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Amaroq Minerals Ltd.
Eldur Olafsson, Government Director and CEO
eo@amaroqminerals.com
Eddie Wyvill, Company Growth
+44 (0)7713 126727
ew@amaroqminerals.com
Stifel Nicolaus Europe Restricted (Nominated Adviser and Joint Dealer)
Callum Stewart
Varun Talwar
Simon Mensley
Ashton Clanfield
+44 (0) 20 7710 7600
Panmure Liberum (UK) Restricted (Joint Dealer)
Scott Mathieson
Kieron Hodgson
+44 (0) 20 7886 2500
Camarco (Monetary PR)
Billy Clegg
Elfie Kent
Fergus Younger
+44 (0) 20 3757 4980
For Firm updates:
Observe @Amaroq_minerals on X (Previously referred to as Twitter)
Observe Amaroq Minerals Inc. on LinkedIn
Additional Info:
About Amaroq Minerals
Amaroq Minerals’ principal enterprise targets are the identification, acquisition, exploration, and growth of gold and strategic metallic properties in South Greenland. The Firm’s principal asset is a 100% curiosity prior to now producing Nalunaq Gold mine which is due to enter manufacturing in the direction of the top of 2024. The Firm has a portfolio of gold and strategic metallic belongings in Southern Greenland masking the 2 identified gold belts within the area in addition to superior exploration tasks at Stendalen and the Sava Copper Belt exploring for Strategic metals corresponding to Copper, Nickel, Uncommon Earths and different minerals. Amaroq Minerals is sustained below the Enterprise Companies Act (Ontario) and wholly owns Nalunaq A/S, integrated below the Greenland Public Firms Act.
Neither TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.
Inside Info
This announcement doesn’t include inside data.
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