Reykjavík, July 08, 2025 (GLOBE NEWSWIRE) -- (“Amaroq” or the “Corporation” or the “Company”)

Company name change to Amaroq Ltd.

TORONTO, ONTARIO - 08 July, 2025 – Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine development corporation focused on unlocking Greenland’s mineral potential, announces that, following shareholder approval of a special resolution at Amaroq’s annual general and special meeting held on June 13, 2025 to change the name of the Company, it plans to file Articles of Amendment to change its name to Amaroq Ltd. on July 14, 2025. The name change will be effective July 15, 2025 and is subject to acceptance from the TSX Venture Exchange.

Effective at the start of trading on or about July 17, 2025, the Company will commence trading under the new name on the TSX Venture Exchange, AIM, NASDAQ Iceland and OCTQX.

The Company will continue to trade under the ticker symbol "AMRQ" on TSX Venture Exchange, AIM, NASDAQ, as well as “AMRQF” on the OTCQX.

The new CUSIP number is 02311U103 and the new ISIN for the common shares is CA02311U1030.
The ISIN for Icelandic Depositary Receipts (IDRs) traded on Nasdaq Iceland remains IS0000034569.

There is no consolidation of share capital. Shareholders are not required to change their existing share certificates for new certificates bearing the new company name and Company shares held electronically will be booked electronically. The name change does not affect the rights of the Company's shareholders, and no further action is required by existing shareholders with respect to the name change.

Enquiries:

Amaroq Minerals Ltd.
Eldur Olafsson, Executive Director and CEO
eo@amaroqminerals.com

Ed Westropp, Head of BD and Corporate Affairs
+44 (0)7385755711
ewe@amaroqminerals.com

Eddie Wyvill, Corporate Development
+44 (0)7713 126727
ew@amaroqminerals.com

Panmure Liberum Limited (Nominated Adviser and Corporate Broker)
Scott Mathieson
Nikhil Varghese
+44 (0) 20 7886 2500

Canaccord Genuity Limited (Corporate Broker)
James Asensio
Harry Rees
Tel: +44 (0) 20 7523 8000

Camarco (Financial PR)
Billy Clegg
Elfie Kent
Fergus Young
+44 (0) 20 3757 4980

For Corporation updates:
Follow @Amaroq_Minerals on X (Formerly known as Twitter)
Follow Amaroq Minerals Ltd. on LinkedIn

Further Information:

About Amaroq Minerals

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% 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Inside Information

This announcement does not contain inside information.