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Multiple insider buying at Amaroq Minerals (V:AMRQ)

Updated Monday Nov 07, 2022 03:00 AM EDT

David Loren Neuhauser, a Direc tor, acquired 2,285,714 Common Shares on a control or direction basis for registered holder Livermore Partners at a price of $0.540 through a prospectus or prospectus exempt offering on November 3rd, 2022. This represents a $1,234,286 investment into the company's shares and an account share holdings change of 19.0%.

Sigurbjorn Thorkelsson, a Director, acquired 1,444,424 Common Shares on a control or direction basis for registered holder Klettar fjarfestingar ehf. at a price of $0.540 through a prospectus or prospectus exempt offering on November 3rd, 2022. This represents a $779,989 investment into the company's shares and an account share holdings change of greater than 100%.

Olafsson Eldur, a Senior Officer, Director and 10% Holder, acquired 814,162 Common Shares on a control or direction basis for registered holder Vatnar ehf at a price of $0.540 through a prospectus or prospectus exempt offering on November 3rd, 2022. This represents a $439,647 investment into the company's shares and an account share holdings change of 49.5%.

Jaco Crouse, CFO and Director, acquired 285,714 Common Shares on a direct ownership basis at a price of $0.540 through a prospectus or prospectus exempt offering on November 3rd, 2022. This represents a $154,286 investment into the company's shares and an account share holdings change of greater than 100%.

Graham Duncan Stewart, a Director, acquired 142,857 Common Shares on a direct ownership basis at a price of $0.540 through a prospectus or prospectus exempt offering on November 3rd, 2022. This represents a $77,143 investment into the company's shares and an account share holdings change of 7.0%.

Amaroq Minerals is in the Gold Sub Industry Group under the Basic Materials Sector.

Amaroq Minerals Ltd., formerly AEX Gold Inc., is a Canada-based mining company engaged in the identification, acquisition, exploration and development of gold properties in Greenland. It has land package of gold and strategic mineral licenses in Southern Greenland, with nine licenses covering 4,090 square kilometers. Its project portfolio includes Tartoq, Naalagaaffiup Portornga, Vagar, Nuna Nutaaq, Saarloq, Anoritooq and Sava and one exploitation license, Nalunaq. The Tartoq project covers the Tartoq Gold Belt for a total of 248 square kilometers (km2). Naalagaaffiup Portornga conducts exploration activities on approximately 170 km2 of land in an area adjacent to the Tartoq Licence. The Vagar gold project is located within the Nanortalik Gold Belt and covers the Niaqornaarsuk Peninsula. The Nuna Nutaaq Project covers gold targets within the Nanortalik Gold Belt. Saarloq Project covers an area of approximately 818 km2 and is underlain by granitoid rocks of the Julianehab Batholith.

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Go to Amaroq Minerals Ltd. (AMRQ)'s company page

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