Director/PDMR Shareholding

Reykjavik, Sept. 17, 2024 (GLOBE NEWSWIRE) -- (“Amaroq” or the “Company”)

Director/PDMR Shareholding - Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs)

TORONTO, ONTARIO – September 17, 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 it was informed that Livermore Partners LLC, a company in which David Neuhauser, Non-Executive Director of Amaroq Minerals, is Managing Director, acquired a total of 12,100 common shares of no par value in the Company. This brings David Neuhauser's indirect total holding to 14,621,924 shares, 4.47% of the capital in the Company.

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

AND THEIR CLOSELY ASSOCIATED PERSONS

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Livermore Partners LLC, David Neuhauser
2.	Reason for the notification
a)	Position/status:	Non-Executive Director
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Amaroq Minerals Ltd.
b)	LEI:	213800Q21S5JQ6WKCE70
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Identification code:	Common shares of no par value in Amaroq Minerals Ltd. ISIN: CA02312A1066
b)	Nature of the transaction:	Purchase of common shares of no par value in Amaroq Minerals Ltd.
c)	Price(s) and volume(s):		Price(s)	Volume(s)
		1)	CAD$ 1.01	1,100
		2)	CAD$ 1.08	11,000
d)	Aggregated information: