Amaroq Minerals Ltd. has announced a directorate change, with Jaco Crouse stepping down as Chief Financial Officer and Director of the Company, effective from 3 June 2024. The company has initiated the process to appoint a new Chief Financial Officer and will update the market in due course. Eldur Olafsson, CEO of Amaroq Minerals, expressed gratitude for Crouse's significant contribution over the last three years and wished him success in his future endeavors. Crouse, in turn, expressed his enjoyment working with the team and leaving the business and its finances in a healthy shape following a managed handover period to a successor.
Amaroq Minerals' principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in Greenland. The company'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.
The announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No. 596/2014 on Market Abuse ("UK MAR") and Regulation (EU) No. 596/2014 on Market Abuse ("EU MAR"). The company has provided contact information for further inquiries and company updates.