Appointment of Chief Financial Officer
05 Juillet 2024 - 8:00AM
UK Regulatory
Appointment of Chief Financial Officer
Toronto, Ontario, July 05, 2024 (GLOBE NEWSWIRE)
-- (“Amaroq,” “Company” or the
“Corporation”)
Appointment of Chief Financial
Officer
TORONTO, ONTARIO – July 5, 2024 – 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, announces that
Mr Ellert Arnarson will be appointed as Chief Financial Officer
(CFO) with effect from August 2024.
Mr Arnarson joins Amaroq from Icelandic bank
Landsbankinn, where he is currently Head of Corporate Finance.
Prior to this, he held senior positions at the Pension Fund of
Commerce, Iceland’s second-largest pension fund, and at GAMMA
Capital Management. With extensive experience in financial
management and analysis, capital raising as well as mergers and
acquisitions, Ellert has a demonstrated history of leading
high-performing teams.
Mr. Arnarson holds a Master’s Degree in
Financial Economics and a Bachelor’s Degree in Mathematics from the
University of Iceland.
Eldur Olafsson, CEO of Amaroq Minerals,
commented:
"On behalf of the Board, I am very pleased
to welcome Ellert to the Amaroq team at a real inflection point for
our business as we prepare to bring Nalunaq on stream in South
Greenland. We have worked closely with Ellert as an adviser over
the past two years and his deep experience in the Icelandic market
makes him an excellent addition to our specialist mining finance
team."
Enquiries:
Amaroq Minerals Ltd.
Eldur Olafsson, Executive Director and CEO
eo@amaroqminerals.com
Eddie Wyvill, Corporate Development
+44 (0)7713 126727
ew@amaroqminerals.com
Stifel Nicolaus Europe Limited (Nominated Adviser and
Joint Broker)
Callum Stewart
Varun Talwar
Simon Mensley
Ashton Clanfield
+44 (0) 20 7710 7600
Panmure Liberum (UK) Limited (Joint Broker)
Scott Mathieson
Kieron Hodgson
+44 (0) 20 7886 2500
Camarco (Financial PR)
Billy Clegg
Elfie Kent
Charlie Dingwall
+44 (0) 20 3757 4980
For Company updates:
Follow @Amaroq_minerals on X (Formerly known as Twitter)
Follow Amaroq Minerals Inc. on LinkedIn
Further Information:
About Amaroq Minerals
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.
Inside Information
The announcement does not contain inside
information.
Amaroq Minerals (LSE:AMRQ)
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