Business
Update on Intention to Move from AIM to Main ...
Amaroq Ltd. has provided an update on its intention to move its common shares from AIM to the Main Market of the London Stock Exchange, with admission expected no earlier than July 31, 2026, subject to regulatory approvals. This move will involve the cancellation of trading on AIM and is being implemented by way of an introduction of existing shares, with no funds being raised or new securities issued. The company believes this transition will enhance its visibility and access to a broader pool of institutional capital. Disclaimer*
About this update from Amaroq Ltd.
Update on Intention to Move from AIM to Main Market Reykjavík, July 03, 2026 (GLOBE NEWSWIRE) -- THIS ANNOUNCEMENT IS MADE FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE COMMON SHARES IN AMAROQ LTD. IN ANY JURISDICTION. Amaroq Ltd.(“Amaroq” or the “Company”) Update on Intention to Move from AIM to Main Market 03 July 2026 – Amaroq Ltd. (AIM, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development company focused on unlocking Greenland’s mineral potential, is pleased to announce an update in relation to the proposed admission of the Company’s common shares (“Common Shares”) to the equity shares (commercial companies) (the “ESCC”) category of the Official List of the Financial Conduct Authority (the “FCA”) and to trading on the main market for listed securities (the “Main Market”) of London Stock Exchange plc (“London Stock Exchange”) (together, “Admission”). Admission remains subject to, among other things, the approval by the FCA of a prospectus and the admission of the Common Shares by the FCA to the ESCC category of the Official List and by the London Stock Exchange to trading on the Main Market. Subject to these conditions being satisfied, Admission is expected to occur no earlier than 31 July 2026. In accordance with Rule 41 of the AIM Rules for Companies, the Company hereby gives notice of its intention to cancel the admission of its Common Shares to trading on AIM. The cancellation of trading on AIM is expected to take place contemporaneously with, or shortly prior to, Admission becoming effective. Admission is not conditional on shareholder approval. Shareholders should note that the Common Shares will no longer be traded on AIM with effect from Admission and should consult their own professional advisers regarding the consequences of Admission. The Company does not intend to raise funds or issue new securities in connection with Admission. Admission is expected to be implemented by way of an introduction of the Company’s existing Common Shares. The Company will make further announcements as necessary in due course. Eldur Olafsson, CEO of Amaroq Ltd., commented: “Amaroq has achieved significant milestones in recent years as we continue to advance our portfolio and position the Company for long-term growth. “Our intention to seek admission to the...