Amaroq Files Nalunaq Technical Report and Announces Share Issuance

Amaroq Ltd., an independent mine development company focused on Greenland's mineral potential, filed an independent technical report for its Nalunaq property on SEDAR+. The document, titled "NI 43-101 Technical Report, Mineral Resource Estimate (MRE5) - Nalunaq Gold Mine, Greenland," is dated September 11, 2026, with an effective date of June 27, 2026.

The report was prepared by James McFarlane of Bara Consulting (UK) Ltd. under the supervision of qualified professionals. It reiterates information previously disclosed by the company on July 29, 2026, and does not introduce new material data. The filing is available through the company's issuer profile on SEDAR+ and its corporate website.

Technical Report Confirms Resource Estimate

The submission formalizes the mineral resource estimate for the Nalunaq gold mine, providing regulatory compliance for the asset's development status. As a Greenland-based operation, the property represents a core component of Amaroq's strategy to unlock the region's mineral potential. The technical report serves as the baseline for future exploration and production planning.

Share Issuance and Voting Rights

Following the vesting of restricted stock units to an employee, Amaroq issued 75,498 new common shares of no par value. This addition follows the issuance of 72,381 shares announced on September 1, 2026, related to the exercise of expiring share options. The company has applied for these 147,879 new shares to be admitted to trading on the London Stock Exchange Main Market.

Dealings in the new shares are expected to commence at 8:00 a.m. London time on September 17, 2026. With this issuance, Amaroq's total issued share capital stands at 466,392,011 common shares, each carrying voting rights. Since the company holds no treasury shares, this figure serves as the denominator for shareholders calculating their voting interests.

Regulatory Compliance and Market Access

The dual listing on the London Stock Exchange and NASDAQ Iceland allows Amaroq to access diverse capital markets while maintaining transparency through Canadian regulatory filings. The admission of new shares to the LSE Main Market ensures liquidity for the recently vested equity. Investors can review the technical report and share capital details via the company's official channels, including its website and SEDAR+ profile. Enquiries regarding the filing can be directed to Ed Westropp, Chief Corporate Development and Strategy Officer.