Mr. Eldur Olafsson reports

DIRECTOR/PDMR SHAREHOLDING

Amaroq Minerals Ltd. was informed that Joan Plant, executive vice-president, sold 220,000 common shares of no par value in the company to cover taxes related to the vesting of shares granted under the company's restricted share unit plan.

Dealing notification form

For use by persons discharging managerial responsibility

And their closely associated persons

About Amaroq Minerals Ltd.

Amaroq's 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-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.