Reykjav\u00edk, Nov. 15, 2024 (GLOBE NEWSWIRE) — (\u201cAmaroq<\/strong>\u201d or the \u201cCompany<\/strong>\u201d)<\/p>\n Amaroq Minerals Announces Key Agreements in <\/strong> TORONTO, ONTARIO \u2013 November 15, 2024 \u2013 Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine development company with a substantial land package of gold and strategic mineral assets in Southern Greenland, is pleased to announce several significant agreements in connection with the expected start of gold production at Nalunaq. These agreements mark a significant step as the Company prepares for its first gold pour in Q4 2024.<\/p>\n Amaroq has entered into an offtake agreement with Auramet International, Inc. (\u201cAuramet\u201d), whereby Auramet will purchase all of the gold produced from Amaroq\u2019s Nalunaq gold mine in South Greenland. Auramet also offers various financing facilities, such as pre-export finance, which could add to Amaroq\u2019s financial flexibility to advance its operations.<\/p>\n In addition, Amaroq has secured an agreement with Metalor Technologies SA (\u201cMetalor\u201d), which specializes in the evaluation and refining of precious metals at its refinery located in Switzerland. Metalor will process all the dor\u00e9 alloy obtained from Nalunaq.<\/p>\n Ellert Arnarson, CFO of Amaroq, commented: <\/strong><\/p>\n “We are pleased to have signed these important agreements with established partners in the industry, providing us with the necessary support and expertise to ensure the successful delivery and sale of gold produced from Nalunaq at competitive industry terms. Importantly, we are also committed to offering local people the opportunity to buy gold sourced from Nalunaq, and will be partnering with a UK refinery to enable us to do so. We look forward to a productive collaboration as we approach first gold and beyond.”<\/em><\/p>\n Enquiries:<\/strong><\/p>\n Amaroq Minerals Ltd.<\/strong> Eddie Wyvill, Corporate Development Panmure Liberum Limited (Nominated Adviser and Corporate Broker)<\/strong> Canaccord Genuity Limited (Corporate Broker)<\/strong> Camarco (Financial PR)<\/strong> For Corporation updates:<\/strong> Further Information:<\/strong><\/p>\n About Amaroq Minerals<\/strong> Inside Information<\/strong> Reykjav\u00edk, Nov. 15, 2024 (GLOBE NEWSWIRE) — (\u201cAmaroq\u201d or the \u201cCompany\u201d) Amaroq Minerals Announces Key Agreements in Preparation for Gold Production in Nalunaq TORONTO, ONTARIO \u2013 November 15, 2024 \u2013 Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine development company with a substantial land package of gold and strategic mineral assets in […]<\/p>\n","protected":false},"author":3,"featured_media":335842,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml-eu.globenewswire.com\/media\/MTMxMGY3NzItNjlhMy00M2U3LTlkYjgtMTUzMThiM2RlYzgyLTEyNzM3Njk=\/tiny\/Amaroq-Minerals.png","fifu_image_alt":"","footnotes":""},"categories":[57166],"tags":[],"class_list":["post-335841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"_links":{"self":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/335841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/comments?post=335841"}],"version-history":[{"count":0,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/335841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/media\/335842"}],"wp:attachment":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/media?parent=335841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/categories?post=335841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/tags?post=335841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Preparation for Gold Production in Nalunaq<\/strong><\/p>\n
Eldur Olafsson, Executive Director and CEO
eo@amaroqminerals.com<\/p>\n
+44 (0)7713 126727
ew@amaroqminerals.com<\/p>\n
Scott Mathieson
Kieron Hodgson
+44 (0) 20 7886 2500<\/p>\n
James Asensio
Harry Rees
Tel: +44 (0) 20 7523 8000<\/p>\n
Billy Clegg
Elfie Kent
Fergus Young
+44 (0) 20 3757 4980<\/p>\n
Follow @Amaroq_Minerals on X (Formerly known as Twitter)
Follow Amaroq Minerals Ltd. on LinkedIn<\/p>\n
Amaroq Minerals’ 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 past producing Nalunaq Gold mine which is due to go into production towards the end of 2024. 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 Public Companies Act.
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.<\/p>\n
This announcement does not contain inside information.<\/p>\n![\"\"](\"https:\/\/ml-eu.globenewswire.com\/media\/MTMxMGY3NzItNjlhMy00M2U3LTlkYjgtMTUzMThiM2RlYzgyLTEyNzM3Njk=\/tiny\/Amaroq-Minerals.png\")
\n <\/div>\n","protected":false},"excerpt":{"rendered":"