Equity Award Grants and Payment Updates
Globenewswire·2025-09-26 15:40

Core Points - Amaroq Ltd. has granted Restricted Share Units (RSUs) and incentive stock options to employees as part of its equity incentive plans [2][3] - The RSU award consists of 75,498 RSUs that will vest on the first anniversary of the grant [3] - The stock options are for a total of 23,255 common shares with an exercise price of CAD $1.29 per share, vesting three months from the grant date and expiring five years after the award [3] - Wavecrest Securities LLC acted as a finder for a direct private placement portion of the fundraising, receiving a cash commission of CAD $379,276 [4] Company Overview - Amaroq Ltd. focuses on the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland [6][7] - The company's principal asset is a 100% interest in the Nalunaq Gold mine, along with a portfolio of gold and strategic metal assets in the region [6][7]