Reykjavik, December 2, 2025 (GLOBE NEWSWIRE) — LLC Amarok.
(“Amarok” or “Company”)
General voting rights and notice of transactions of persons with management responsibilities (PDMR)
TORONTO, ONTARIO – December 02, 2025 – Amaroq Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mining corporation focused on unlocking the mineral potential of Greenland, announces that, following the issuance of 864,806 additional shares of common stock under equity incentive plans, as of December 2, 2025, the Company's share capital consists of 454,971,459 ordinary shares without par value. value everyone and everyone has a voice.
Given that the Company does not hold any ordinary shares in the Treasury, this figure can be used by shareholders as a denominator for the calculation by which they will determine whether they are required to notify their interest or change in interest in the Company's share capital.
Notification and public disclosure of transactions by persons exercising management functions and persons closely associated with them
| 1. | Information about the person performing management responsibilities/person closely associated with him | |
| A) | Name | Eldur Olafsson |
| 2. | Reason for notification | |
| A) | Position/status | Director of the company |
| b) | Initial Notice/Amendment | Initial notice |
| 3. | Information about the issuer, emissions market participant, auction site, auctioneer or auction observer | |
| A) | Name | LLC Amarok. |
| b) | LEI | 213800Q21S5JQ6WKCE70 |
| 4. | Details of the trade(s): The section must be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) every date; and (iv) each location where transactions were conducted | |
| A) | Description of financial instrument, type of instrument | Ordinary shares without par value of Amaroq Ltd. |
| Identification code | ISIN: CA02311U1030 | |
| b) | Nature of the transaction | The options expire on December 31, 2025. |
| V) | Price(s) and volume(s) | Price(s) Volume(s) CAD 0.38 626,616 |
| G) | Aggregated information: ·Total volume ·Price |
626 616 |
| d) | Transaction date | 01/12/2025 |
| e) | Place of transaction | XOFF |
Requests:
LLC Amarok.
Ed Westropp, Head of Development and Corporate Relations
+44 (0)7385 755711
[email protected]
Eddie Wyvill, Corporate Development
+44 (0)7713 126727
[email protected]
Panmure Liberum Limited (appointed advisor and corporate broker)
Scott Matheson
Freddie Wooding
+44 (0) 20 7886 2500
Canaccord Genuity Limited (corporate broker)
James Asensio
Harry Rees
+44 (0) 20 7523 8000
Camarco (Financial PR)
Billy Clegg
Alfie Kent
Fergus Young
+44 (0) 20 3757 4980
Additional information:
About Amarok
Amaroq's primary business objectives are to identify, acquire, explore and develop gold and strategic metals deposits in South Greenland. The Company's main asset is its 100% interest in the Nalunaq gold mine. The Company has a portfolio of gold and strategic metals assets in South Greenland, covering two prominent gold belts in the region, as well as advanced exploration projects in Stendalen and the Sava Copper Belt for strategic metals exploration such as copper, nickel, rare earth elements and other minerals. Amaroq continues to operate under the Business Corporations Act (Ontario) and wholly owns Nalunaq A/S, a company incorporated under the Greenland Companies Act.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Inside Information
This announcement does not contain inside information.
