Mr. Eldur Olafsson reports

ADMISSION TO OMX ICELAND 15 INDEX

Amaroq Minerals Ltd.'s shares will be admitted to the OMX Iceland 15 Index prior to market open on Tuesday, Jan. 2, 2024.

The OMX Iceland 15 Index measures the performance of a selection of the most traded and largest securities listed on Nasdaq Iceland. The index is made up of a maximum of 15 constituents.

About Amaroq Minerals Ltd.

Amaroq Minerals' principal business objectives are the identification, acquisition, exploration and development of gold and strategic metal properties in Greenland. The corporation's principal asset is a 100-per-cent interest in the Nalunaq project, an advanced exploration-stage property with an exploitation licence, including the previously operating Nalunaq gold mine. The corporation 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 AS, incorporated under the Greenland Public Companies Act.