Total Voting Rights and Block Listing Six Monthly Return

Rhea-AI Summary

Amaroq (OTCQX: AMRQF; AIM, NASDAQ Iceland: AMRQ) reports total voting rights and a six-month block listing return as at 17 April 2026. The company has 466,034,755 issued common shares, no treasury shares, and an unallotted stock option balance of 7,807,372 as at 20 April 2026.

The stock option scheme issued 1,353,609 shares during the period 23 October 2025–20 April 2026; previous unallotted balance was 9,160,981.

AI-generated analysis. Not financial advice.

News Market Reaction – AMRQF

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-4.93% News Effect

On the day this news was published, AMRQF declined 4.93%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Reykjavík, April 20, 2026 (GLOBE NEWSWIRE) -- ("Amaroq" or the "Company")

Total Voting Rights and Block Listing Six Monthly Return

TORONTO, ONTARIO – 20 April 2026 – Amaroq Ltd. (AIM, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development corporation focused on unlocking Greenland’s mineral potential, announces that, following the exercise of share options, as at 17 April 2026 the Company’s issued share capital consists of 466,034,755 common shares of no par value each, and each with voting rights. Given the Company does not hold any common shares in Treasury, this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in interest in, the share capital of the Company.

Block Listing Six Monthly Return

Name of applicant:	Amaroq Ltd
Name of scheme:	Amaroq Ltd. Stock Option Plan
Period of return:	From:	23 October 2025	To:	20 April 2026
Balance of unallotted securities under scheme(s) from previous return:	9,160,981
Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):	0
Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):	1,353,609
Equals: Balance under scheme(s) not yet issued/allotted at end of period:	7,807,372
Number and class of securities originally admitted and the date of admission	9,437,395 Common Shares of no par value each, admitted on 24 November 2022 1,330,000 Common Shares of no par value each, admitted on 6 February 2023 19,480 Common Shares of no par value each, admitted on 10 August 2023

Name of contact:	Anna Solotova, VP Corporate Legal and Corporate Secretary
Telephone number of contact:	+354 774 06 10

Enquiries:
Amaroq Ltd. C/O
Ed Westropp, Chief Corporate Development and Strategy Officer
+44 (0)7385 755711
ewe@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
+44 (0) 20 7523 8000

Citigroup Global Markets Limited (Corporate Broker)
Andrew Miller-Jones
David Herring
+44 (0) 20 7986 4000

Camarco (Financial PR)
Billy Clegg
Elfie Kent
Fergus Young 
+44 (0) 20 3757 4980

Further Information: 

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 100% interest in the Nalunaq Gold mine. The Company has a portfolio of gold and strategic metal assets in Southern Greenland covering the two known gold belts in the region as well as advanced exploration projects at Stendalen and the Sava Copper Belt exploring for Strategic metals such as Copper, Nickel, Rare Earths and other minerals. Amaroq is continued under the Business Corporations Act (Ontario) and wholly owns Nalunaq A/S, incorporated under the Greenland Companies Act.
Inside Information

This announcement does not contain inside information.

FAQ

How many total voting rights does Amaroq (AMRQF) have as of 17 April 2026?

Amaroq has 466,034,755 voting rights as of 17 April 2026. According to the company, this equals the number of issued common shares and is the denominator shareholders should use for notification calculations.

What is the unallotted balance under Amaroq's stock option plan as at 20 April 2026 (AMRQ/AMRQF)?

The unallotted balance under the Amaroq stock option plan is 7,807,372 shares as at 20 April 2026. According to the company, this follows issuance of 1,353,609 shares during the six-month period.

How many shares were issued under Amaroq's option scheme between 23 October 2025 and 20 April 2026?

Amaroq issued 1,353,609 shares under its option scheme in that period. According to the company, this reduced the unallotted balance from 9,160,981 to 7,807,372.

How should Amaroq shareholders (AMRQF) calculate notification thresholds after this update?

Shareholders should use 466,034,755 as the denominator to assess notification thresholds. According to the company, no treasury shares are held, so issued common shares equal total voting rights for threshold calculations.