Director's Dealing • Jan 5, 2024
Director's Dealing
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TORONTO, ONTARIO – January 5, 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 in Southern Greenland, announces that it was informed that Joan Plant, Executive Vice President, sold 41,558 common shares of no par value in the Company to cover taxes in earlier option exercise.
| 1. | Details of the person discharging managerial responsibilities/person closely | ||||
|---|---|---|---|---|---|
| associated | |||||
| a) | Name: | Joan Plant | |||
| 2. | Reason for the notification | ||||
| a) | Position/status: | Executive Vice President | |||
| 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 | Common shares of no par value in Amaroq | |||
| instrument, type of instrument: | Minerals Ltd. | ||||
| Identification code: | ISIN: CA02312A1066 | ||||
| b) | Nature of the transaction: | Sale of common shares of no par value in |
|||
| Amaroq Minerals Ltd. to cover taxes in earlier |
|||||
| option exercise | |||||
| c) | Price(s) and volume(s): | ||||
| Price(s) | Volume(s) | ||||
| 1) | CAD\$ 1.2 | 3,900 | |||
| 2) | CAD\$ 1.2 | 37,100 | |||
| 3) | CAD\$ 1.22 | 558 | |||
| d) | Aggregated information: | ||||
| • Aggregated volume: |
41,558 | ||||
| • Average price: |
CAD\$ 1.2 | ||||
| e) | Date of the transaction(s): | 1) January 02, 2024 2) January 03, 2024 3) January 04, 2024 |
|---|---|---|
| f) | Place of the transaction | TSXV |
Eldur Olafsson, Executive Director and CEO [email protected]
Eddie Wyvill, Corporate Development +44 (0)7713 126727 [email protected]
Callum Stewart Varun Talwar Simon Mensley Ashton Clanfield +44 (0) 20 7710 7600
John Prior Hugh Rich Dougie Mcleod +44 (0) 20 7886 2500
Billy Clegg Elfie Kent Charlie Dingwall +44 (0) 20 3757 4980
Follow @Amaroq_Minerals on X (Formerly known as Twitter)
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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.
This announcement does not contain inside information.
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