OTC Markets Group Welcomes AMAROQ MINERALS LTD. to OTCQX

Rhea-AI Summary

OTC Markets Group (OTCQX: OTCM) announced that AMAROQ MINERALS LTD. (OTCQX: AMRQF) has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market. The company, which is also listed on TSX-V, AIM, and XICE under the symbol AMRQ, began trading on OTCQX on July 1, 2025.

The upgrade to OTCQX provides enhanced transparency for U.S. investors, with the company meeting high financial standards and corporate governance requirements. According to CEO Eldur Olafsson, the move aims to increase visibility among U.S. investors and expand the company's global reach as it pursues its strategy of becoming a proxy for Greenland's mining and infrastructure industries.

Positive

• Upgrade to OTCQX Best Market from Pink market indicates higher financial and governance standards
• Enhanced visibility and accessibility for U.S. investors through OTCQX listing
• Multiple exchange listings (TSX-V, AIM, XICE, OTCQX) provide broader market access

Negative

• None.

NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced AMAROQ MINERALS LTD. (TSX-V: AMRQ; AIM: AMRQ; XICE: AMRQ; OTCQX: AMRQF), an independent mine development corporation, has qualified to trade on the OTCQX® Best Market. AMAROQ MINERALS LTD. upgraded to OTCQX from the Pink® market.

AMAROQ MINERALS LTD. begins trading today on OTCQX under the symbol “AMRQF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

Eldur Olafsson, Amaroq CEO, commented: 

"We have enjoyed a strong level of support from U.S. investors to date, and we hope that with the increased visibility of a quotation on the OTCQX, this will continue to grow and expand our global reach, as we execute on our strategy of becoming the proxy for Greenland’s growing mining and infrastructure industries."

About AMAROQ MINERALS LTD.
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 Minerals is continued under the Business Corporations Act (Ontario) and wholly owns Nalunaq A/S, incorporated under the Greenland Companies Act.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market.

Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

FAQ

What is the new OTCQX trading symbol for Amaroq Minerals?

Amaroq Minerals trades on the OTCQX under the symbol AMRQF.

When did Amaroq Minerals begin trading on OTCQX?

Amaroq Minerals began trading on the OTCQX Best Market on July 1, 2025.

What exchanges is Amaroq Minerals listed on?

Amaroq Minerals is listed on TSX-V, AIM, and XICE under AMRQ, and on OTCQX under AMRQF.

Why did Amaroq Minerals upgrade to OTCQX from Pink market?

The upgrade aims to provide enhanced transparency for U.S. investors and expand global reach while executing their strategy in Greenland's mining sector.

What requirements did Amaroq Minerals meet for OTCQX qualification?

Amaroq Minerals met high financial standards, followed best practice corporate governance, and demonstrated compliance with applicable securities laws.