Welcome to our dedicated page for AMRQ news (Ticker: AMRQ), a resource for investors and traders seeking the latest updates and insights on AMRQ stock.
Amaroq Minerals Ltd. (AMRQ) generates frequent news through its activities as an independent mine development company with a substantial land package of gold and strategic metal assets in Southern Greenland. Company announcements cover both the development of its principal Nalunaq gold project and a broad exploration programme across multiple gold and strategic mineral licences.
News items often focus on progress at the Nalunaq Project, where Amaroq holds a 100% interest under an exploitation licence that includes the previously operating Nalunaq gold mine. Updates have described milestones such as environmental and social impact assessment work, mine design, contracting for processing plant and mining services, site preparation, and planned trial mining activities.
Another recurring theme in AMRQ news is the advancement of its strategic minerals portfolio. The company reports exploration results and plans for projects including the Sava Copper Belt, North Sava, Kobberminebugt, Stendalen, Paatasoq, and the Saqqaa Dyke. Releases have highlighted, for example, a significant nickel-copper discovery at Stendalen, airborne geophysical surveys, scout drilling programmes, and the use of magnetotellurics and other techniques to refine targets for copper, nickel, cobalt, platinum group elements, and related commodities.
Corporate and capital markets developments also feature in Amaroq’s news flow. The company has communicated on its listings on AIM, the TSX Venture Exchange, and a Nasdaq market in Iceland, as well as its preparations to move its Icelandic listing from Nasdaq First North Growth Market Iceland to the Nasdaq Main Market. Financial results releases provide updates on working capital, exploration and evaluation spending, site development costs, and progress on joint venture funding structures.
Investors and followers of AMRQ news can therefore expect coverage of project-level exploration results, development steps at Nalunaq, strategic minerals joint ventures, and capital markets milestones, all centred on the company’s stated focus on gold and strategic metals in Greenland.
80 Mile (AMRQ) entered a Binding Head of Terms with USFM Corporation for US$30 million to earn 51% of the Disko-Nuussuaq project in West Greenland.
Key terms: 80 Mile to act as operator, a £500,000 signing cash payment, a 12.5% management fee on project spend, and US$10 million directed to drilling within 10 months. 80 Mile will be free-carried on its 49% until earn-in completion, then may contribute or dilute. Definitive agreements, Greenland government approvals, and shareholder consents are required; exclusivity runs until 1 May 2026.
80 Mile (AMRQ) highlighted an independent Sproule ERCE assessment estimating 13.03 billion barrels gross un-risked recoverable prospective oil resources (P10) in the Jameson Land Basin, Eastern Greenland, across 58 prospects. Under the agreed earn-in, 80 Mile's attributable P10 share is approximately 3.9 billion barrels (30% post earn-in). March GL will fully fund up to two exploration wells (each ≥3,500m) and may earn up to 70% interest; first free-carried drilling is expected in H2 2026. Preparations include Halliburton for drilling services, IPT Well Solutions as project manager, and rig mobilisation and logistics agreements in place.
80 Mile (OTC:AMRQ) has moved to 100% ownership of Hydrogen Valley and Greenswitch, and advanced commercial activity at its Ferrandina biofuels plant in southern Italy.
Key developments include a feedstock MOU with a Fortune 500 energy Group supplying up to 80,000 tpa from 1 Nov 2025; a tolling MOU with Ludoil covering 80,000 tpa (50% of the plant) with an estimated €8m net profit for HV from that 50% slice and implied €24m net if full production is achieved; an MOU with JEnergy for 10,000 tpa biodiesel starting Jan 2026; and prior MOUs with NACATA and Tecnoparco covering up to 120,000 tpa feedstock and 40,000 tpa offtake.
Consideration for the acquisition: €100,000 cash, 220,000,000 new shares (plus 10 million shares to Hydrogen Valley) with contingent cash/share payments up to specified amounts and share lock until June 2026. Admission of 230,000,000 new shares is expected by 14 Nov 2025, taking issued shares to 4,557,127,203.
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