Amaroq Minerals Ltd., an independent mine development company with gold and strategic mineral assets in South Greenland, has provided a block listing six-monthly return. The company has a stock option plan, and the return covers the period from May 18, 2023, to November 10, 2023. The balance of unallotted securities under the scheme is 10,292,495. During the period, 286,105 securities were issued/allotted under the scheme. The original admission of securities was on November 24, 2022, with 9,437,395 common shares, followed by 1,330,000 common shares on February 6, 2023, and 19,480 common shares on August 10, 2023.
Amaroq Minerals' principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in Greenland. The company's main asset is the Nalunaq Project, an advanced exploration stage property with an exploitation license that includes the previously operating Nalunaq gold mine. The company also 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.
No inside information is contained in this announcement. The TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the adequacy or accuracy of this release. Contact information for Amaroq Minerals and its corporate representatives is provided in the news release.