Amaroq Minerals Ltd., an independent mine development corporation with gold and strategic mineral assets in Southern Greenland, announced that Joan Plant, Executive Vice President, sold 41,558 common shares to cover taxes from an earlier option exercise. The shares were sold at an average price of CAD$1.2 on January 2nd, 3rd, and 4th, 2024, on the TSXV.

Amaroq Minerals' principal business objectives include 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, including the previously operating Nalunaq gold mine. The corporation also holds a portfolio of gold and strategic metal assets in Southern Greenland, covering the two known gold belts in the region.

For further information, the company can be followed on X (formerly known as Twitter) and LinkedIn. Amaroq Minerals is incorporated under the Canada Business Corporations Act and wholly owns Nalunaq A/S, incorporated under the Greenland Public Companies Act.

Neither the TSXV nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release. This announcement does not contain inside information.