Annual General and Special Meeting ('AGM') Results

Toronto, Ontario , June 14, 2024 (GLOBE NEWSWIRE) -- (“Amaroq” or the “Corporation” or the “Company”)

Annual General and Special Meeting ('AGM') Results

TORONTO, ONTARIO –14 June, 2024 – Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine development corporation with a substantial land package of gold and strategic mineral assets across in Southern Greenland, announces the results of voting at its AGM held on June 14, 2024 and the election of Sander Grieve as an independent Non-Executive Director with immediate effect.

Shareholders voted in favour of all items put forward at the AGM.

AGM Results

The following proxy votes for the AGM were received from the shareholders:
  

Motion	Description	Votes For	% Votes Cast	Against	Withheld
1	Election of directors
01	Graham Stewart	34,173,417	80.69%	8,176,241	0
02	Eldur Olafsson	42,281,525	99.84%	68,133	0
03	Liane Kelly	40,281,525	95.12%	2,068,133	0
04	Sander A.J.R. Grieve	42,281,235	99.84%	68,423	0
05	David Neuhauser	40,281,235	95.12%	2,068,423	0
06	Sigurbjorn Thorkelsson	40,281,525	95.12%	2,068,133	0
07	Line Frederiksen	42,281,525	99.84%	68,133	0
08	Warwick Morley-Jepson	42,281,235	99.84%	68,423	0
2	Re-appointment of Auditors	43,104,550	99.84%	0	0.16%
3	Stock option plan	40,280,409	95.12%	2,068,433	0
4	Restricted Share Unit Plan	40,280,409	95.12%	2,068,433	0
5	Continuation to a corporation organized under the Business Corporations Act (Ontario)	34,147,727	80.63%	8,201,931	0
6	Authorization to set the number of directors	42,281,235	99.84%	68,423	0

AIM Rule Disclosures

The following information is disclosed under Rule 17 and Schedule Two, paragraph (g), of the AIM Rules for Companies:

Line Frederiksen

Line Frederiksen was appointed as a member of the Board of Directors of Kalaallit Nunaanni Brugseni, one of the largest consumer goods retailers in Greenland, starting from May 15th, 2024.

Sander Grieve

Sander Grieve, aged 54, has held the following directorships and/or partnerships in the past five years: 

Current Directorships/Partnerships	Previous Directorships/Partnerships
Bennett Jones LLP	2745248 Ontario Inc.
GlobeStar Mining	9414-5430 Quebec Inc
Blue Iris Capital Corp.
Castle Gold Corporation
San Anton Resources Corporation
Toronto French School Foundation Board
Conservative Fund of Canada

Mr. Grieve does not directly hold any ordinary shares nor options over common shares in the Corporation.

There is no further information which is required to be disclosed under Schedule Two, paragraph (g), of the AIM Rules for Companies in respect of Line Frederiksen and Sander Grieve.

Enquiries:

Amaroq Minerals Ltd.
Eldur Olafsson, Executive Director and CEO
[e-mail]

Eddie Wyvill, Corporate Development
[phone]
[e-mail]

Stifel Nicolaus Europe Limited (Nominated Adviser and Broker)
Callum Stewart
Varun Talwar
Simon Mensley
Ashton Clanfield
[phone]

Panmure Gordon (UK) Limited (Joint Broker)
Hugh Rich
Dougie Mcleod
[phone]

Camarco (Financial PR)
Billy Clegg
Elfie Kent
Charlie Dingwall
[phone]

For Company updates:

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Follow Amaroq Minerals Inc. on LinkedIn

Further Information:

About Amaroq Minerals
Amaroq Minerals' principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The Company's principal asset is a 100% interest in the past producing Nalunaq Gold mine which is due to go into production towards the end of 2024. The Corporation has a portfolio of gold and strategic metal assets in Southern Greenland covering the two known gold belts in the region as well as advanced exploration projects at Stendalen and the Sava Copper Belt exploring for Strategic metals such as Copper, Nickel, Rare Earths and other minerals. 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 (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

Inside Information

This announcement does not contain inside information.

Attachment

• Annual General and Special Meeting ('AGM') Results