Amaroq Ltd. · LSE:AMRQ
Amaroq — Amaroq Minerals — Investor Presentation (September 2023)
18 slides from Amaroq's investor presentation, Sep 7, 2023
Slide 1: Amaroq's Transfer to Nasdaq Main Market in Iceland
AMAROQ’S TRANSFER TO NASDAQ MAIN MARKET IN ICELAND September 2023 www.amaroqminerals.com | TSXV: AMRQ Amaroq Minerals Ltd is a Greenland-focused mining company engaged in the identification, acquisition, exploration, and development of gold properties and other strategic mineral assets in Greenland
Slide 2: Disclaimer
DISCLAIMER The information contained herein has been provided solely for information purposes and does not purport to be comprehensive or contain all the information that may be required by recipients to evaluate Amaroq Minerals Ltd (the “Company”). The presentation and the information contained in
Slide 3: Amaroq's Uplisting
AMAROQ’S UPLISTING
Slide 4: Amaroq's Transfer to the Main Market
AMAROQ’S TRANSFER TO THE MAIN MARKET Transferring to the Main Market puts Amaroq in a favourable position vis-à-vis structural inflows Iceland has a large buyer universe of 21 pension funds …against a relatively small universe of 23 companies (~$53bn USD) and other institutional investors listed on
Slide 5: Summary: Transfer to the Nasdaq Main Market
SUMMARY: TRANSFER TO THE NASDAQ MAIN MARKET Listing on the Main Market makes Amaroq a contender in upcoming index fund reviews Proposed Timetable Preparing to Potential MSCI Amaroq’s move from First Reclassification proposed OMX Iceland Inclusion in OMX Iceland 10 North to the of Iceland to transfer
Slide 6: Nasdaq Iceland
NASDAQ ICELAND 23 companies are currently listed on the Main Market Market capitalisation (USDm)* 2,895 2,761 Total size ~$18bn USD Amaroq will be the first AIM and Main Market dual listed company and the only mining/energy transition company listed in Iceland 1,741 1,564 1,562 1,128 669 662 615 579
Slide 7: Icelandic Pension Fund Holdings
ICELANDIC PENSION FUND HOLDINGS Pension fund shareholdings in Main Market companies of Amaroq’s size Market capitalisation (USDm)* 243 # of pension funds* % held by Icelandic pension funds* 198 196 186 121 120 80 11 6 10 2 8 7 6 52.9% 15.9% 47.0% ~3.0% 28.3% 29.3% 36.0% VIS SKEL SIMINN AMRQ ICESEA N
Slide 8: Icelandic Fund Landscape
ICELANDIC FUND LANDSCAPE
Slide 9: OMX Iceland All-Share Index
OMX ICELAND ALL-SHARE INDEX A common benchmark • A common benchmark for Icelandic OMXI funds is the OMX Iceland All-Share Index, which includes all equities Description • Measures the performance of selections of equity securities listed on the Nasdaq Iceland hf. listed on the Main Market in Iceland
Slide 10: OMX Iceland 10 Index
OMX ICELAND 10 INDEX Two Icelandic funds follow the OMXI10CAP • OMX Iceland 10 Index consists of OMXI10 OMXI10CAP the 10 companies on the Main Description • Measures the performance of a selection of the most traded • Version of OMX Iceland 10 Index Market with the most liquidity securities listed o
Slide 11: OMXI10 July 2023 Reconstitution
OMXI10 JULY 2023 RECONSTITUTION Two new constituents saw ~4m USD each in passive inflow following OMXI10 inclusion OMXI10CAP July 2023 Reconstitution OMX110 constituents' liquidity prior to Passive Inflow July 2023 reconstitution Ticker July 2023 Index Weight New Constituent (USDm) MAREL 23.81% No N
Slide 12: Icelandic Index Fund Landscape
ICELANDIC INDEX FUND LANDSCAPE Four Icelandic index funds with potential for passive inflows following transfer to the Main Market Milestone before Fund manager Fund name Investment strategy Fund size eligibility Equal weighting of all equities listed Transfer to Main Market and ÍV-aðallisti 1.3bn I
Slide 13: Icelandic Pension Fund Landscape
ICELANDIC PENSION FUND LANDSCAPE By far the largest players in listed equities • Iceland has 21 pension funds with ~$53bn USD in total assets of which domestic equities account for ~$8bn USD • Icelandic pension funds have a relatively wide mandate besides a requirement of a 3.5% real return a year •
Slide 14: Indices Inclusion
INDICES INCLUSION
Slide 15: Effect of Iceland's FTSE Reclassification
EFFECT OF ICELAND’S FTSE RECLASSIFICATION Major milestone for foreign participation • It is estimated that the 2022 FTSE upgrade of Iceland from Frontier • Iceland's weight in the indices is between 0.01% and 0.02% Market status to Secondary Emerging Market status brought around except for the Emerg
Slide 16: Amaroq's Position in FTSE Indices
AMAROQ’S POSITION IN FTSE INDICES Nationality, market cap and liquidity are decisive factors in Amaroq’s potential inclusion • Assigned nationality • Liquidity test – If a company has a listing in a country of incorporation and listings in – To pass the liquidity test to qualify for FTSE indices, ot
Slide 17: MSCI
MSCI Potential MSCI upgrade of Iceland from Frontier to Emerging Market status presents opportunities • Iceland was reclassified by MSCI from Standalone to Frontier Market status in May 2021, two years behind FTSE • 18 Icelandic securities are included in the index as of May 2023, 7 as standard and
Slide 18: Contact Us
www.amaroqminerals.com CONTACT US AMAROQ MINERALS LTD 3400 One First Canadian Place, PO Box 130, Toronto, On, M5X 1A4, Canada Eldur Olafsson, Chief Executive Officer AIM: AMRQ; TSXV: AMRQ
Amaroq Minerals — Investor Presentation (September 2023) on 6ix