Director Shareholding Notification from Amaroq Minerals
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Director Shareholding Notification from Amaroq Minerals
Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine development company with a substantial land package of gold and strategic mineral assets, announces that it was informed that Graham Stewart, Chairman of the Board, Eldur Olafsson, Chief Executive Officer, Joan Plant, Executive VP, Ellert Arnarson, CFO, and Non-Executive Directors Warwick Morley-Jepson and David Neuhauser (indirectly through Livermore Partners LLC in which he is a Managing Director), acquired 191,085 common shares of no par value in the Company in total.
Details of Management Transactions
This transaction involves the acquisition of shares by the company’s key personnel, signaling confidence in the company’s future and its projects.
Transaction Details
The common shares were acquired at various prices across multiple transactions. This move aligns with the strategic goals of Amaroq Minerals as they prepare for their significant upcoming projects.
Company Information
Amaroq Minerals' principal business objectives include the identification, acquisition, exploration, and development of gold and strategic metal properties. Their key asset, the Nalunaq Gold mine, is expected to enter production soon. Additionally, the company strategically focuses on exploring metals essential for modern technologies, including Copper, Nickel, and Rare Earths.
Enquiries and Contact Information
For further information, contact:
Amaroq Minerals Ltd.
Eldur Olafsson, Executive Director and CEO
eo@amaroqminerals.com
Eddie Wyvill, Corporate Development
+44 (0)7713 126727
ew@amaroqminerals.com
Frequently Asked Questions
What transactions were reported by Amaroq Minerals?
The report detailed the acquisition of 191,085 common shares by key management personnel and directors.
What is the significance of these transactions?
This indicates strong confidence in the company's future prospects by its leading management team.
Who are the key personnel involved in the transactions?
The transactions involved Graham Stewart, Eldur Olafsson, Joan Plant, Ellert Arnarson, Warwick Morley-Jepson, and David Neuhauser.
What are Amaroq Minerals' main business objectives?
The main objectives include the exploration and development of gold and strategic metal properties in Greenland.
What is the key asset of Amaroq Minerals?
The principal asset of the company is the Nalunaq Gold mine.
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