Amaroq Minerals Ltd. has published a Supplementary Prospectus related to fundraising activities. The prospectus, approved by the Financial Supervisory Authority of the Central Bank of Iceland, includes a Supplement to the Registration Document dated September 12, 2023, and a Securities Note, along with a Summary, all dated February 21, 2024. The document has been made available electronically on the company's website. It also includes unaudited management accounts for the year ended December 31, 2023, with the audited financial statements expected to be released on March 25, 2024.
The Supplementary Prospectus provides selected financial information, including liabilities and equity. As of December 31, 2023, the total liabilities amounted to C$42,949,730, while the total equity was C$63,226,068. The company's principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in Greenland, with its principal asset being a 100% interest in the Nalunaq Project, an advanced exploration stage property with an exploitation license including the previously operating Nalunaq gold mine.
For further information, interested parties can contact Amaroq Minerals Ltd. directly or its advisors and brokers. The company's stock information and updates can be found on Twitter and LinkedIn. It's important to note that this announcement does not contain inside information.
This news release provides a comprehensive overview of Amaroq Minerals Ltd.'s recent publication of a Supplementary Prospectus, offering insights into the company's financial status and its primary business objectives.