Welcome to our dedicated page for AMAROQ news (Ticker: AMRQF), a resource for investors and traders seeking the latest updates and insights on AMAROQ stock.
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 (AIM, NASDAQ Iceland: AMRQ, OTCQX: AMRQF) announced a chairman transition and multiple board changes linked to the expected admission of its common shares to the FCA’s ESCC segment and trading on the London Stock Exchange Main Market, anticipated no earlier than 31 July 2026 (“Admission”).
On Admission, the non-executive chair role will pass from Graham Stewart to current independent director Sigurbjorn (Siggi) Thorkelsson, while Mr Stewart remains as an independent non-executive director. Also on Admission, Annette Brøndholt, Jorunn Johanne Sætre and Teitur Poulsen will join as independent non-executive directors, with Ms Sætre becoming Senior Independent Director. Separately, non-independent non-executive director David Neuhauser will retire from the board on 21 July 2026 and is expected to continue supporting Amaroq as a senior adviser.
Amaroq (OTCQX: AMRQF) reported further underground drilling results from the Nalunaq Gold Mine in southern Greenland, with underground intersections averaging 42.8 g/t Au in the Main Vein within the Mountain Block. Key intercepts include 132.5 g/t Au over 0.50 m (hole NAL-UG-2601) and 132.0 g/t Au over 0.50 m (NAL-UG-2640), alongside several other intervals above 80 g/t Au.
According to Amaroq, 16 of 37 assayed holes returned grades above 30 g/t Au and about 30% exceeded 60 g/t Au, supporting confidence in near- and medium-term production and in the geological model used for the mine plan. Recent underground programmes drilled 2,164.5 m on Level 802 (27 holes) and 589.5 m on Level 773 (10 holes), with assays complete; 3,102.9 m across 30 holes on Level 500 are pending. The company plans to relocate drilling to the planned 810 Level and Exploration Drive to test largely untested western areas of the Main Vein, while mountaineering-supported surface channel sampling between Levels 804 and 996 is ongoing, with visible gold observed and assays pending. Results disclosed here fall after the data cut-off for the forthcoming MRE5 resource update and are therefore positioned as potential upside for future estimates.
Amaroq (OTCQX: AMRQF) has agreed a new Subscription Agreement with GCAM LP and Gardaq A/S, providing further funding for the Gardaq exploration joint venture. GCAM will subscribe for Gardaq A/S shares for C$4.7 million in cash, while Amaroq will subscribe for C$1.8 million in cash.
Amaroq has also undertaken to subscribe for a further C$3.0 million in Gardaq A/S shares within one year, settled via conversion of accrued overhead and G&A costs. According to Amaroq, its 51% and GCAM’s 49% shareholdings in Gardaq A/S remain unchanged. The funding will support the Ilua rare earth project and the Minturn iron ore/IOCG project in Greenland and is classified as a related party transaction under AIM Rule 13.
Amaroq (OTCQX: AMRQF) plans to move its common shares from AIM to the Main Market of the London Stock Exchange, within the FCA’s ESCC category of the Official List. Admission is conditional on FCA prospectus approval and listing decisions and is expected no earlier than 31 July 2026.
The company will cancel AIM trading contemporaneously with or shortly before Admission. According to Amaroq, no new funds will be raised and no new securities issued, with Admission proceeding by way of introduction of existing common shares.
Amaroq (OTCQX: AMRQF) has started drilling at the Ilua Pegmatite rare earth prospect in South Greenland, its first 2026 exploration campaign within the Gardaq Joint Venture.
The scout programme will drill three targets along a ≥5km pegmatite system, following 2025 surface samples up to 2.3% TREO with about 27% HREE, low radionuclides, and conventional, reportedly easier-to-process mineralogy.
Amaroq (OTCQX:AMRQF) reported its total voting rights as of 26 June 2026. Following the exercise of share options, the company’s issued share capital consists of 466,244,132 common shares of no par value, each carrying one voting right. Amaroq holds no shares in treasury, so this figure is the denominator shareholders should use when assessing disclosure thresholds for holdings or changes in holdings.
Amaroq (OTCQX: AMRQF) has commissioned the flotation recovery circuit at the Nalunaq gold mine, completing Phase 2 of the processing plant.
The plant is now operating at design specification, with gravity and flotation circuits running together and first gold concentrate produced alongside regular Dore bar pours.
According to Amaroq, overall gold recovery is expected to rise from 50–70% to about 90–95%, and FY2026 guidance of 25–35 koz and H1 2026 production of 7,000–10,000 oz are reiterated.
Amaroq (OTCQX: AMRQF) reported Q1 2026 revenue of $18.9 million from gold sales of 2,970 oz at US$4,656/oz, generating net income of $2.45 million (EPS $0.005). Nalunaq produced 3,694 oz at a 19.9 g/t feed grade and 61% recovery, above grade guidance.
Cash was $8.8 million with gold inventory of $20.3 million and total assets of $375.6 million. Amaroq reiterated 2026 gold production guidance of 25–35 koz and secured an upsized US$70 million revolving credit facility while progressing its London Main Market transition and 2026 exploration programs.
Amaroq (OTCQX: AMRQF) held its Annual General and Special Meeting on 7 May 2026. Shareholders approved all motions, including director elections, reappointment of auditors, adoption of new by-law #3, conditional cancellation of AIM admission to enable a proposed move to the LSE Main Market, and amended equity incentive plans.
Key vote highlights: reappointment of auditors 99.96% for; cancellation of AIM admission 99.96% for; amended stock option and RSU plans approved with ~90.7% support. The company’s principal asset remains the 100% Nalunaq gold mine.
Amaroq (OTCQX: AMRQF) has amended its revolving credit facility, increasing capacity to US$70 million from US$35 million and reducing funding cost. The facility matures on 1 May 2028, carries a 0.55% origination fee (US$385,000), is secured by assets and pledges, and includes step-down margins tied to LTM EBITDA levels.