Notice to holders of Icelandic Depository Receipts Confirmation of Effective Date for Conversion of Icelandic Depository Receipts (IDRs) into Depositary Interests (DIs)
Amaroq Ltd (OTCQX: AMRQF / Nasdaq Iceland: AMRQ) confirms the automatic conversion of Icelandic Depository Receipts (IDRs) (ISIN IS0000034569) into Depositary Interests (DIs) (ISIN CA02311U1030), effective November 11, 2025.
On that date IDRs issued by Arion Banki hf. will be removed from Icelandic investor accounts and an equivalent number of DIs will be credited to the same accounts. Trading of Amaroq DIs on Nasdaq Iceland will begin under ISIN CA02311U1030 and ticker AMRQ (denominated in ISK). The conversion is automatic and requires no action from shareholders.
Cross-border conversions between Canadian and Icelandic markets will be temporarily suspended on November 5, 2025 (five business days before the effective date) and will resume immediately after completion on the effective date. Custodians can contact Nasdaq CSD Iceland at csd.iceland@nasdaq.com for technical information.
Amaroq Ltd (OTCQX: AMRQF / Nasdaq Iceland: AMRQ) conferma la conversione automatica dei Depository Receipts islandesi (IDRs) (ISIN IS0000034569) in Depositary Interests (DIs) (ISIN CA02311U1030), effettiva 11 novembre 2025.
In quella data gli IDR emessi da Arion Banki hf. saranno rimossi dagli account degli investitori islandesi e un numero equivalente di DIs verrà accreditato sui medesimi account. Le negoziazioni dei DI Amaroq su Nasdaq Iceland inizieranno con ISIN CA02311U1030 e ticker AMRQ (denominato in ISK). La conversione è automatica e non richiede alcuna azione da parte degli azionisti.
Le conversioni transfrontaliere tra i mercati canadese e islandese saranno temporaneamente sospese il 5 novembre 2025 (cinque giorni lavorativi prima della data di efficacia) e riprenderanno immediatamente dopo il completamento alla data di efficacia. I custodi possono contattare Nasdaq CSD Iceland all'indirizzo csd.iceland@nasdaq.com per informazioni tecniche.
Amaroq Ltd (OTCQX: AMRQF / Nasdaq Iceland: AMRQ) confirma la conversión automática de los Recibos de Depósito Islandeses (IDRs) (ISIN IS0000034569) a Intereses de Depositario (DIs) (ISIN CA02311U1030), con efecto a 11 de noviembre de 2025.
En esa fecha, los IDRs emitidos por Arion Banki hf. serán retirados de las cuentas de los inversores islandeses y se acreditará un número equivalente de DIs en las mismas cuentas. La negociación de los DIs de Amaroq en Nasdaq Iceland comenzará bajo ISIN CA02311U1030 y el ticker AMRQ (denominado en ISK). La conversión es automática y no requiere ninguna acción por parte de los accionistas.
Las conversiones transfronterizas entre los mercados canadiense y islandés serán temporalmente suspendidas el 5 de noviembre de 2025 (cinco días hábiles antes de la fecha de vigencia) y se reanudarán inmediatamente después de la finalización en la fecha de vigencia. Los custodios pueden contactar con Nasdaq CSD Iceland a csd.iceland@nasdaq.com para información técnica.
Amaroq Ltd (OTCQX: AMRQF / Nasdaq Iceland: AMRQ)는 아이슬란드 예탁증서(IDR)의 자동 변환을 확인합니다(IDR ISIN IS0000034569 -> Depositary Interests DIs ISIN CA02311U1030), 효력은 2025년 11월 11일입니다.
그 날짜에 Arion Banki hf.가 발행한 IDR은 아이슬란드 투자자 계좌에서 제거되고 같은 수의 DI가 같은 계좌에 대체로 입금됩니다. Amaroq의 DI는 Nasdaq Iceland에서 ISIN CA02311U1030, 티커 AMRQ로 거래를 시작하며, 단위는 ISK로 표시됩니다. 변환은 자동이며 주주들의 조치가 필요하지 않습니다.
캐나다와 아이슬란드 시장 간의 교차 국경 변환은 2025년 11월 5일에 일시 중단되며(효력일 5영업일 전), 효력일에 완료되어 즉시 재개됩니다. 수탁자는 기술 정보를 위해 Nasdaq CSD Iceland에 csd.iceland@nasdaq.com으로 문의할 수 있습니다.
Amaroq Ltd (OTCQX: AMRQF / Nasdaq Iceland: AMRQ) confirme la conversion automatique des Dépôts islandais (IDRs) (ISIN IS0000034569) en Intérêts Dépositaires (DIs) (ISIN CA02311U1030), avec effet au 11 novembre 2025.
À cette date, les IDRs émis par Arion Banki hf. seront retirés des comptes des investisseurs islandais et un nombre équivalent de DIs sera crédité sur les mêmes comptes. Les échanges des DIs Amaroq sur Nasdaq Iceland commenceront sous ISIN CA02311U1030 et le ticker AMRQ (désigné en ISK). La conversion est automatique et ne nécessite aucune action de la part des actionnaires.
Les conversions transfrontalières entre les marchés canadien et islandais seront temporairement suspendues le 5 novembre 2025 (cinq jours ouvrables avant la date d’effet) et reprendront immédiatement après l’achèvement à la date d’effet. Les dépositaires peuvent contacter Nasdaq CSD Iceland à csd.iceland@nasdaq.com pour des informations techniques.
Amaroq Ltd (OTCQX: AMRQF / Nasdaq Iceland: AMRQ) bestätigt die automatische Umwandlung von isländischen Depository Receipts (IDRs) (ISIN IS0000034569) in Depositary Interests (DIs) (ISIN CA02311U1030), wirksam am 11. November 2025.
An diesem Datum werden die IDRs, ausgegeben von Arion Banki hf., aus den Konten der isländischen Investoren entfernt und eine entsprechende Anzahl von DIs wird denselben Konten gutgeschrieben. Der Handel der Amaroq-DIs an der Nasdaq Iceland beginnt unter ISIN CA02311U1030 und dem Ticker AMRQ (in ISK denominiert). Die Umwandlung ist automatisch und erfordert keine Maßnahmen von Seiten der Aktionäre.
Grenzüberschreitende Umwandlungen zwischen kanadischen und isländischen Märkten werden am 5. November 2025 (fünf Werktage vor dem Wirksamkeitsdatum) vorübergehend ausgesetzt und unmittelbar nach Abschluss am Wirksamkeitsdatum wieder aufgenommen. Verwahrer können Nasdaq CSD Iceland unter csd.iceland@nasdaq.com für technische Informationen kontaktieren.
Amaroq Ltd (OTCQX: AMRQF / Nasdaq Iceland: AMRQ) تؤكد التحويل التلقائي لصلات الإيداع الأيسلندية (IDRs) (ISIN IS0000034569) إلى مصالح الحفظ (DIs) (ISIN CA02311U1030)، سارية اعتباراً من 11 نوفمبر 2025.
في ذلك التاريخ، ستُزال IDRs الصادرة عن Arion Banki hf. من حسابات المستثمرين الأيسلنديين وسيُزاد عدد معادل من DIs إلى نفس الحسابات. ستبدأ تداولات DIs Amaroq على Nasdaq Iceland بموجب ISIN CA02311U1030 ورمز التداول AMRQ (المعامل بالـ ISK). التحويل تلقائي ولا يتطلب من المساهمين أي إجراء.
سيتم تعليق التحويلات عبر الحدود بين الأسواق الكندية والأيسلندية مؤقتاً في 5 نوفمبر 2025 (خمسة أيام عمل قبل تاريخ النفاذ) وستستأنف فور اكتمالها في تاريخ النفاذ. يمكن للجهات الخزز/الأمناء التواصل مع Nasdaq CSD Iceland على البريد الإلكتروني csd.iceland@nasdaq.com للحصول على معلومات تقنية.
- Automatic conversion to a single ISIN simplifies securities structure
- No action required by shareholders for conversion
- Amaroq DIs will trade on Nasdaq Iceland under ticker AMRQ in ISK
- Temporary suspension of cross-border conversions starting 5 Nov 2025
- No transfers or conversions between Canadian and Icelandic markets will be processed during the suspension
Reykjavík, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Amaroq Ltd.
(“Amaroq” or the “Company”)
Notice to holders of Icelandic Depository Receipts
Confirmation of Effective Date for Conversion of Icelandic Depository Receipts (IDRs) into Depositary Interests (DIs)
TORONTO, ONTARIO – 03 November 2025 – Amaroq Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development corporation focused on unlocking Greenland’s mineral potential, further to the Company’s announcement dated October 21, 2025 regarding the simplification and streamlining of Amaroq’s securities under a single ISIN, hereby confirms the effective date for the automatic conversion of Icelandic Depository Receipts (“IDRs”) (ISIN IS0000034569) into Depositary Interests (“DIs”) (ISIN CA02311U1030):
Effective Date: November 11, 2025
On the Effective Date:
- IDRs issued by Arion Banki hf. will be removed from investor accounts in Iceland; and
- an equivalent number of DIs (ISIN CA02311U1030) will be automatically credited to the same accounts.
Trading of Amaroq DIs on Nasdaq Iceland will commence under the ISIN CA02311U1030 and ticker symbol AMRQ, denominated in Icelandic króna (ISK).
The conversion will occur automatically, and no action is required from shareholders. As Depositary Interests replicate direct shareholding, the change is a technical adjustment only, with no impact on underlying shares or investor rights.
Temporary Suspension of Cross-Border Conversions
To facilitate the technical completion of this process, cross-border conversions between the Canadian and Icelandic markets will be temporarily suspended on 5 November - 5 business days prior to the effective date.
During this period, no new transfers or conversions of shares between the two markets will be processed. Normal cross-border conversion functionality will resume immediately following completion of the conversion on the effective date.
For technical information or to prepare internal procedures ahead of the conversion, custodians may contact Nasdaq CSD Iceland at csd.iceland@nasdaq.com.
Enquiries:
Amaroq Ltd. c/o
Ed Westropp, Head of BD and Corporate Affairs
+44 (0)7385755711
ewe@amaroqminerals.com
Eddie Wyvill, Corporate Development
+44 (0)7713 126727
ew@amaroqminerals.com
Panmure Liberum Limited (Nominated Adviser and Corporate Broker)
Scott Mathieson
Freddie Wooding
+44 (0) 20 7886 2500
Canaccord Genuity Limited (Corporate Broker)
James Asensio
Harry Rees
Tel: +44 (0) 20 7523 8000
Camarco (Financial PR)
Billy Clegg
Elfie Kent
Fergus Young
+44 (0) 20 3757 4980
amaroq@camarco.co.uk
For Company updates:
Follow @Amaroq Ltd. on X (Formerly known as Twitter)
Follow Amaroq Ltd. on LinkedIn
Further Information:
About Amaroq
Amaroq’s principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The Company’s principal asset is a
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Inside Information
This announcement does not contain inside information.
FAQ
What happens to Amaroq IDRs (ISIN IS0000034569) on November 11, 2025?
Do Amaroq shareholders need to take any action for the IDR-to-DI conversion (AMRQF)?
When will Amaroq DIs begin trading on Nasdaq Iceland and under what ticker?
When are cross-border conversions between Canadian and Icelandic markets suspended for Amaroq?
Who should custodians contact for technical details about the Amaroq conversion?
