Business
Equity Award Grants and Payment Updates
Amaroq Ltd. announced the grant of 75,498 Restricted Share Units, vesting on the first anniversary of the grant, and incentive stock options exercisable for 23,255 common shares at CAD $1.29 per share, vesting three months from the grant date and expiring in five years. Wavecrest Securities LLC received a cash commission of C$379,276 for acting as finder in the direct private placement portion of the fundraising previously disclosed. Disclaimer*
About this update from Amaroq Ltd.
[{"type":"text","content":"\n\n \n \n\n Equity Award Grants and Payment Updates\n\nReykjavík, Sept. 26, 2025 (GLOBE NEWSWIRE) -- (\"Amaroq\" or the \"Company\") Equity Award Grants and Payment Updates TORONTO, ONTARIO – 26 September 2025 – Amaroq Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development corporation focused on unlocking Greenland’s mineral potential, announces that it has granted Restricted Share Units (“RSU”) and incentive stock option awards (“Options”) to certain employees under the Company’s equity incentive plans. The RSU award comprises 75,498 RSUs which will vest on the first anniversary of the grant. The Options are exercisable for an aggregate of 23,255 common shares at an exercise price of CAD $1.29 per share, will vest three months from the date of grant, and will expire if they remain unexercised five years from the date of the award. Further to its announcements regarding the fundraising previously disclosed in the Company’s press releases dated 11 June 2025, 12 June 2025 and 30 June 2025, the Company reports that Wavecrest Securities LLC acted as finder in respect of the direct private placement portion of the fundraising. In consideration for its services, Wavecrest Securities LLC received a cash commission of C$379,276. Enquiries: Amaroq Ltd.Eldur Olafsson, Executive Director and CEO [email protected] Ed Westropp, Head of BD and Corporate Affairs+44 (0)7385755711 [email protected] Eddie Wyvill, Corporate Development+44 (0)7713 [email protected] Panmure Liberum Limited (Nominated Adviser and Corporate Broker)Scott MathiesonFreddie Wooding+44 (0) 20 7886 2500 Canaccord Genuity Limited (Corporate Broker)James AsensioHarry ReesTel: +44 (0) 20 7523 8000 Camarco (Financial PR)Billy CleggElfie KentFergus Young+44 (0) 20 3757 [email protected] For Company updates:Follow @Amaroq Ltd. on X (Formerly known as Twitter)Follow Amaroq Ltd. on LinkedIn Further Information: About AmaroqAmaroq’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 ad...