Mr. Eldur Olafsson reports

AMAROQ FILES TECHNICAL REPORT FOR ITS NALUNAQ PROPERTY

Amaroq Minerals Ltd. has filed on SEDAR+ an independent technical report in respect of its Nalunaq property.

The independent technical report in respect of the Nalunaq property, entitled "Technical Report on the Updated Mineral Resource Estimate (MRE4) of the Nalunaq Gold Mine, Greenland," is dated May 19, 2025, with an effective date of May 12, 2025, was prepared by or under the supervision of James McFarlane, BSc (honours), MSc, MCSM, CGeol FGS, FNEIMME, CEng QMR FIMMM, RPGeo MAIG, FIQ, of Bara Consulting (U.K.) Ltd., and supports the disclosure made by the company in its news release dated March 28, 2025.

The technical report has been filed in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects. A copy of the technical report is available under the company's issuer profile on SEDAR+.

About Amaroq Minerals Ltd.

Amaroq's principal business objectives are the identification, acquisition, exploration and development of gold and strategic metal properties in southern Greenland. The company's principal asset is a 100-per-cent interest in the Nalunaq gold mine. The company 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 continued under the Business Corporations Act (Ontario) and wholly owns Nalunaq A/S, incorporated under the Greenland Companies Act.