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IN BRIEF: Amaroq Minerals looks to expand reach with OTCQX admission

ALN

Amaroq Minerals Ltd - mine developer with gold and strategic mineral assets in southern Greenland - Secures approval to begin trading on the US OTCQX market on Tuesday, with trading to commence at market open under the ticker AMRQF. Says the admission enables higher transparency and trading opportunities for US investors, giving them equal access to information and disclosures offered to those in the UK, Canada and Iceland. Notes that this will occur through US-facing platforms and portals. Adds that its shares will remain on London’s AIM market, as well as the TSX Venture Exchange and NASDAQ First North Iceland. Notes that no new shares are set to be issued as part of its OTCQX admission.

‘We have enjoyed a strong level of support from US 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,’ says Chief Executive Eldur Olafsson.

Current stock price: 79.32 pence, up 1.7% on Tuesday morning in London

12-month change: up 23%

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