Update on Fundraising and Icelandic Placing
Amaroq Announces Initial Closing of Fundraising and Issuance and Admission of Icelandic Placing Shares TORONTO, ONTARIO - October 31, 2022 - Amaroq Minerals Ltd. ("Amaroq" or the "Company") (AIM, TSXV: AMRQ - formerly AEX Gold), an independent mine development company with a substantial land package of gold and strategic mineral assets covering an area of 7,866.85 km[2] in Southern Greenland, further to its announcements on October 19 and October 20, 2022 in relation to a total fundraising of £30 million (C$47 million, ISK 4.9 billion), today announces the initial closing in which it