Amaroq Minerals Ltd., an independent mine development company with gold and strategic mineral assets in Southern Greenland, is preparing to move its shares from Nasdaq First North Growth Market Iceland to the Nasdaq Main Market in Iceland. The transfer is expected to take place in the third week of September 2023. The move to the Main Market has the potential to make the company eligible for future inclusion in Icelandic and international stock market indices. There is also a strong precedent for Icelandic institutional investors increasing their ownership of companies as a result of the move from First North to the Main Market. The first day of trading on the Main Market will be agreed with Nasdaq Iceland at a later date. Trade in Amaroq shares on AIM and the TSX-V will remain unaffected. A Main Market listing will increase the visibility of Amaroq to Icelandic institutional shareholders, such as pension funds, which hold around 50% of the shares of all companies listed on the Main Market.