GCAM Joint Venture Update
("Amaroq" or the "Corporation") GCAM Joint Venture Update TORONTO, ONTARIO - January 19, 2023 - Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ First North: AMRQ) announces, further to its news release dated October 19, 2022, that it continues to progress towards the closing of its previously announced joint venture transaction with GCAM LP (the "GCAM Transaction"), which the Corporation expects to complete in line with the previously announced timetable. The Corporation has already satisfied several conditions needed to release the £18.0 million subscription and the shareholders'