AMAROQ LTD develops and explores gold and strategic-metal properties in South Greenland. Its news centers on the Nalunaq Gold mine, where the company holds a 100% interest, and on exploration assets across the region's known gold belts, including advanced projects at Stendalen and the Sava Copper Belt for copper, nickel, rare earths and other minerals.
Recurring updates include financial results, mine-development approvals, exploration results, credit facilities, offtake arrangements, voting rights, shareholder-meeting results and awards under the company's restricted share unit plan. Corporate disclosures also reference Amaroq's Ontario corporate continuation, its Greenland subsidiary Nalunaq A/S and its public trading venues, including OTCQX under AMRQF.
Amaroq (AMRQF) reported third-quarter net profit of C$24.4 million as gold production increased and full-year production guidance remained unchanged. Revenue reached C$65.4 million versus C$12.8 million a year earlier, while net profit reversed a C$5.3 million loss. Gold production rose to 12.6 thousand ounces from 3.5 thousand ounces.
Nine-month production reached 21.6 thousand ounces. Amaroq expects production around the midpoint of its 25–35 thousand ounce full-year range and maintained cost guidance. Quarterly plant recovery reached 84% following flotation-circuit commissioning. Cash was C$51.5 million at September 30, versus C$28.5 million at June 30. Nalunaq's updated mineral resource contained 504 thousand ounces, up 10.6% from the preceding estimate. Exploration assays are expected in Q4 2026 and Q1 2027. BDO UK replaced BDO Canada as auditor effective November 12, 2026.
Amaroq (OTCQX: AMRQF) will publish its Q3 2026 results on 12 November 2026 and host an investor and analyst webcast that day. The webcast will begin at 0900 GMT, with a recording available on the company’s website afterward.
Amaroq (AMRQF) introduced its String of Pearls development strategy for Maarmorilik and reported results from its 2026 exploration programme.
The concept combines the past-producing Black Angel and Nunngarut ore bodies with surrounding deposits under a coordinated mining and infrastructure plan. Garde returned a 3.1-metre channel sample grading 17.49% zinc and 8.08% lead; Wedge returned 4.1 metres at 10.05% zinc. Rock-chip samples also identified zinc, lead, silver, gallium and germanium. Equipment is on site for planned 2027 resource-expansion drilling.
Project Terms of Reference were submitted to Greenland’s government on 30 October 2026, starting the mining-approval process. WSP is reviewing a historical 3.7-million-tonne mineral resource estimate and approximately 700,000 tonnes of additional historically identified mineralised material. Potential shallow mining opportunities remain subject to drilling and engineering assessment.
Amaroq (AMRQF) announced the admission of further common shares to trading and a share sale by non-executive director Graham Stewart.
The admission notification covers 147,879 shares for 1 September to 6 October 2026, bringing total shares admitted to the London Stock Exchange Main Market to 466,392,011. The new shares are interchangeable with existing shares.
Stewart sold 1,000,000 shares at 121.5p each on the London Stock Exchange on 6 October 2026, retaining 1,982,537 shares. The company said the sale was for personal reasons.
Amaroq (AMRQF) produced approximately 12,000 ounces of gold at its Nalunaq mine in Q3 2026, reaching its quarterly target early.
Production at the southern Greenland mine totaled approximately 21,000 ounces for the first nine months of 2026. The quarterly target had originally been set for Q4 2026. Amaroq reiterated full-year gold production guidance of 25,000 to 35,000 ounces. A flotation recovery circuit was commissioned earlier in the summer; the company linked enhanced recoveries to that commissioning.
Amaroq will enter the FTSE 250 Index at market open on October 8, 2026. Management expects inclusion to open access to further index-tracking funds and affect trading liquidity.
Amaroq (AMRQF) completed its 2026 Nanoq drilling programme in South Greenland and reported initial metallurgical results for potential processing at Nalunaq.
The programme covered 4,728.9 metres across 33 holes, including Central Zone infill drilling and step-out drilling to the south and at West 1. Approximately 88% of holes intersected visible mineralisation; assays remain pending. Provisional SGS Lakefield test work indicated approximately 97–99% total gold recovery using the existing Nalunaq flowsheet, or processing sequence. Construction began on a beach landing facility and starter access track. Amaroq said these results support evaluation of a maiden Mineral Resource Estimate and provide a basis for bulk sampling Nanoq ore at Nalunaq towards the end of 2027 or into 2028.
Amaroq (AMRQF) has filed an independent NI 43-101 Technical Report for its Nalunaq gold property on SEDAR+ and announced the vesting of RSUs and updated total voting rights as of 11 September 2026.
The report, titled “NI 43-101 Technical Report, Mineral Resource Estimate (MRE5) - Nalunaq Gold Mine, Greenland”, is dated 11 September 2026 with an effective date of 27 June 2026 and reiterates information first released on 29 July 2026, with no material new information. Following the vesting of RSUs, 75,498 new common shares have been issued. Together with 72,381 new shares from exercised options announced on 1 September 2026, application will be made for 147,879 new shares to be admitted to trading in London on 17 September 2026. Total issued share capital will be 466,392,011 voting shares.
Amaroq (LSE, Nasdaq Iceland: AMRQ; OTCQX: AMRQF) announced that, following the exercise of expiring share options, its issued share capital as of 1 September 2026 is 466,316,513 common shares of no par value, each carrying voting rights.
The company holds no shares in treasury, so this total represents the full number of voting rights and should be used by shareholders as the denominator when assessing whether they must notify interests or changes in interests under applicable disclosure rules.
Amaroq (OTCQX: AMRQF)/b) announced new equity incentives granted on 17 August 2026 under its Restricted Share Unit (“RSU”) Plan and Stock Option Plan. The company granted in total, including 419,983 RSUs to certain non-executive directors classed as persons discharging managerial responsibilities and 10,143 RSUs to one employee.
For PDMRs, the RSU volumes awarded were: 155,140 to Sigurbjörn Thorkelsson, 70,921 to Teitur Poulsen, 57,623 to Annette Brøndholt Sørensen, 44,325 to Warwick Morley-Jepson, 34,352 to Jorunn Johanne Sætre, and 28,811 each to Line Frederiksen and Graham Stewart, with transactions recorded as XOFF. Amaroq also granted employees stock options over up to 95,692 common shares at an exercise price of £1.045 per share. Both RSUs and options are governed by the company’s existing incentive plans, details of which are available on its website.
Amaroq (OTCQX:AMRQF) reported H1 2026 revenue of $56.2 million from 8,610 oz of gold sales and net income of $13.6 million, compared with a loss in 2025. Nalunaq produced 8.99 koz in H1, above the midpoint of 7–10 koz guidance.
Gold recoveries improved from 50–70% historically to about 90% in July 2026 after commissioning the flotation circuit. The company secured a new US$70 million revolving credit facility, ended June 30 with $28.5 million cash and total assets of $426.8 million, and reiterated 2026 production guidance of 25–35 koz. According to Amaroq, an updated Nalunaq resource (MRE5) shows over 500 koz at 30.35 g/t Au and Indicated resources up 10.6%. Shares migrated to the LSE Main Market on July 31, 2026, alongside several new board appointments and expanded drilling at Ilua, Minturn and Nanoq.