Commencement of Trading on OTCQX in the U.S.

Reykjavík, July 01, 2025 (GLOBE NEWSWIRE) -- Amaroq Minerals Ltd.

(“Amaroq” or the “Company”)

Commencement of Trading on OTCQX in the U.S.

TORONTO, ONTARIO – 1 July 2025 – Amaroq Minerals Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ), an independent mine development corporation focused on unlocking Greenland’s mineral potential, is pleased to announce that it has been approved to trade on the OTCQX ® Best Market ("OTCQX") in the United States of America ("United States" or "U.S."). Trading on OTCQX will commence at the market open today under the ticker symbol “AMRQF”.

Amaroq’s admission to the OTCQX enables higher transparency and trading opportunities for investors in the U.S., ensuring that they have access to the same level of information and disclosure available to investors in the UK, Canada and Iceland, but through U.S.-facing platforms and portals.

The Company’s ordinary shares will continue to trade on the AIM Market of the London Stock Exchange, the TSX Venture Exchange and NASDAQ First North Iceland. No new ordinary shares will be issued as part of the commencement of trading on OTCQX.

Eldur Olafsson, Amaroq CEO, commented:

"We have enjoyed a strong level of support from U.S. investors to date, and we hope that with the increased visibility of a quotation on the OTCQX, this will continue to grow and expand our global reach, as we execute on our strategy of becoming the proxy for Greenland’s growing mining and infrastructure industries.”

Amaroq Minerals Ltd.

Eldur Olafsson, Executive Director and CEO

Ed Westropp, Head of BD and Corporate Affairs

Eddie Wyvill, Corporate Development

Panmure Liberum Limited (Nominated Adviser and Corporate Broker)

Scott Mathieson

Nikhil Varghese

Freddie Wooding

Canaccord Genuity Limited (Corporate Broker)

James Asensio

Harry Rees

Camarco (Financial PR)

Billy Clegg

Elfie Kent

Fergus Young