Amaroq Minerals Ltd., an independent mine development company with gold and strategic mineral assets in Southern Greenland, has published a Prospectus in connection with its planned listing on the Nasdaq Main Market in Iceland. The Prospectus has been approved by the Financial Supervisory Authority of the Central Bank of Iceland and is available on the company's website. Amaroq Minerals has also applied to Nasdaq Iceland for Admission, and the first day of trading will be announced with at least one day's notice. Landsbankinn hf. Corporate Finance is acting as the project manager, listing agent, and advisor on the Admission. Fossar Investment Bank hf. has advised the company on the potential effects of the Admission on the Amaroq stock.
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 a 100% interest in 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.