Amaroq Minerals Ltd. has announced that Livermore Partners LLC, a company associated with David Neuhauser, Non-Executive Director of Amaroq Minerals, acquired 19,200 common shares of no par value in the Company, bringing their total holding to 14,501,124 shares, which represents 4.44% of the capital in the Company. The transaction took place on April 12, 2024, with the shares being purchased at a price of CAD$1.23 per share on the TSXV.
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, 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. Amaroq Minerals is incorporated under the Canada Business Corporations Act and wholly owns Nalunaq A/S, incorporated under the Greenland Public Companies Act.
The company's contact information for further inquiries is provided, and it is noted that neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of the release. Additionally, the announcement states that it does not contain inside information.
For more detailed information, the full announcement and dealing notification form can be accessed through the provided attachment.