8. June 2023

Amaroq has engaged Fossar as an advisor in connection with transfer from First North to Nasdaq Main Market

Amaroq Minerals Ltd has engaged Fossar Investment Bank as an advisor in connection with the planned transfer of its depositary receipts from Nasdaq First North to the Nasdaq Iceland Main Market.  Fossar will provide investor marketing including identifying the most relevant equity capital pools, introduce the company to investors, and advise on the potential effects the transfer may have on the liquidity and price formation of the stock.

Amaroq Minerals then completed a successful Capital Markets Day last week for both foreign and domestic investors.  Amaroq’s Board and senior management provided an overview of the company’s strategy and growth plans, in addition to an update on the transfer to the Nasdaq Iceland Main Market.  Analysts from Stifel and Panmure Gordon presented an overview of the global mining and strategic minerals market and introduced their independent valuation of Amaroq.

Amaroq Minerals is an independent mine development company with a substantial land package of gold and strategic mineral assets covering an area of 7,866.85 km2 in Southern Greenland.

The recording from the event is available at: https://www.amaroqminerals.com/investors/

The slides from the event are available at: https://www.amaroqminerals.com/investors/presentations/