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Director Shareholding Notification from Amaroq Minerals

Director Shareholding Notification from Amaroq Minerals

Director Shareholding Notification from Amaroq Minerals

Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ) is an independent mine development company with a significant portfolio of gold and strategic mineral assets. The company has announced that it was notified of the acquisition of 191,085 common shares of no par value by several key individuals: 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, who acquired shares indirectly through Livermore Partners LLC, where he serves as Managing Director.

Details of Management Transactions

This acquisition by the company's leadership reflects their confidence in the future of Amaroq Minerals and its ongoing projects.

Transaction Details

The common shares were purchased at various prices through multiple transactions. This strategic move is in line with Amaroq Minerals' objectives as they gear up for significant upcoming projects.

Company Information

Amaroq Minerals focuses on identifying, acquiring, exploring, and developing gold and strategic metal properties. Their flagship asset, the Nalunaq Gold mine, is on track to begin production soon. Furthermore, the company is strategically exploring metals that are crucial for modern technologies, such as Copper, Nickel, and Rare Earths.

Enquiries and Contact Information

For more information, please reach out to:
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 highlighted the acquisition of 191,085 common shares by key management personnel and directors.

What is the significance of these transactions?

These transactions demonstrate a strong belief in the company's future prospects from its leading management team.

Who are the key personnel involved in the transactions?

The transactions included Graham Stewart, Eldur Olafsson, Joan Plant, Ellert Arnarson, Warwick Morley-Jepson, and David Neuhauser.

What are Amaroq Minerals' main business objectives?

The company's primary objectives focus on the exploration and development of gold and strategic metal properties in Greenland.

What is the key asset of Amaroq Minerals?

The company's principal asset is the Nalunaq Gold mine.

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