(“
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
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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