Amaroq Minerals : Corporate Presentation (AMRQ Investor presentation Thundercat final)

Published: 2025-06-11 12:55:05 ET AMRQ.V

Published on 06/11/2025 at 12:55

CORPORATE PRESENTATION

June 2025

https://www.amaroqminerals.com | AMRQ

Amaroq Minerals Ltd. is a Greenland-focused mining company engaged in the identification, acquisition, exploration and development of gold and strategic metals properties in Greenland.

Canaccord, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting as bookrunner and broker, exclusively for the Company and no one else in connection with the Placing and will not be responsible to any other person for providing the protections afforded to customers of Canaccord, or for advising anyone other than the Company on the contents of this Information Pack or any matter referred to herein. No representation or warranty, express or implied, is made by Canaccord as to, and no liability whatsoever is accepted by Canaccord in respect of, any of the contents of this document (without limiting the statutory rights of any person to whom this document is issued).

Landsbankinn, which is authorised and regulated by the Financial Supervisory Authority of the Central Bank of Iceland, is acting as bookrunner exclusively for the Company and no one else in connection with the Placing and will not be responsible to any other person for providing the protections afforded to customers of Landsbankinn, or for advising anyone other than the Company on the contents of this Information Pack or any matter referred to herein. No representation or warranty, express or implied, is made by Landsbankinn as to, and no liability whatsoever is accepted by Landsbankinn in respect of, any of the contents of this document (without limiting the statutory rights of any person to whom this document is issued).

Acro, which is authorised and regulated by the Financial Supervisory Authority of the Central Bank of Iceland, is acting as bookrunner exclusively for the Company and no one else in connection with the Placing and will not be responsible to any other person for providing the protections afforded to customers of Acro, or for advising anyone other than the Company on the contents of this Information Pack or any matter referred to herein. No representation or warranty, express or implied, is made by Acro as to, and no liability whatsoever is accepted by Acro in respect of, any of the contents of this document (without limiting the statutory rights of any person to whom this document is issued).

The Information Pack has been produced for the purpose of a market sounding under (a) Article 11 of the Market Abuse Regulation (Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014) on market abuse as it forms part of the law of Iceland under Act. No. 60/2021 and (b) under Article 11 of UK version of the Market Abuse Regulation (Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse as it forms part of the law of England and Wales by virtue of section 3 of the European Union (Withdrawal) Act 2018 and as modified by or under the European Union (Withdrawal) Act 2018 or other domestic law (including but not limited to the Market Abuse (Amendment) (EU Exit) Regulations 2019/310)) ("MAR"). The Information Pack contains information which the Joint Bookrunners consider inside information. Recipients of the Information Pack have been requested to, and have confirmed that: (a) where the market sounding is being conducted by recorded telephone lines or audio or video recording, they have agreed to the recording of any such communication; (b) they are the person entrusted by the potential investor to receive the market sounding; and (c) they have agreed to receive the market sounding with the knowledge that they will be receiving information that the Company considers to be inside information for the purposes of Article 11(5)(a) of MAR and that, in accordance with Article 11(7) of MAR, they are required to assess for themselves whether they are in possession of inside information and when they cease to be in possession of inside information. The MAR and the market abuse regime under Part VIII of FSMA each set out obligations and restrictions regarding the use of inside information. Without limiting the obligations and restrictions imposed under the MAR and FSMA, by receiving the Information Pack, you agree that you must not deal in (or encourage another person to deal in) the Company's (or any other company's) shares or securities or base any behaviour on such information until such information has ceased to be inside information.

The Information Pack is directed only at (a) persons in member states of the European Economic Area who are qualified investors within the meaning of article 2(e) of the EU Prospectus Regulation (2017/1129) as amended from time to time; and (b) in the United Kingdom, to persons who are (i) qualified investors (within the meaning of the UK version of the Prospectus Regulation (EU) 2017/1129 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018); and (ii) who (A) have professional experience in matters relating to investments falling within article 19(5) (Investment Professionals) of FSMA (Financial Promotion) Order 2005, as amended from time to time (the "Order"); (B) are persons falling within article 49(2) (a) to (d) (high-net-worth companies, unincorporated associations, etc.) of the Order; or (C) are persons to whom it may otherwise be lawfully communicated (persons as described at (a) and (b) are referred to in the Information Pack as "Relevant Persons"). Any investment activity to which the Information Pack relates is available only to such persons and will be engaged in only with such persons. Persons not falling within these categories should not rely or act upon the Information Pack. If you have received the Information Pack and you are not such a person, you should not rely on the Information Pack nor take any action upon it and should immediately return it to the Company. Otherwise, you will be deemed to have confirmed, represented and warranted to the Company that you are such a person and the Information Pack may be delivered to you without contravention of any law.

Recipients of the Information Pack outside the European Economic Area and the United Kingdom should inform themselves about and observe any applicable legal restrictions in their jurisdiction which may be relevant to the distribution, possession or use of the Information Pack and recognise that the Company does not accept any responsibility for contravention of any legal restrictions in such jurisdiction. In particular, neither the Information Pack nor any copy of it should be distributed, directly or indirectly, by any means (including electronic transmission) to any person in Australia, Canada, Japan, the Republic of South Africa or the United States of America (including its territories and possession, any state of the United States and the District of Columbia ("United States")) where it would be unlawful to do so. There will be no public offer in the United States or elsewhere. The contents of this Information Pack have not been approved by any of the Joint Bookrunners for the purposes of section 21 of the FSMA.

THE SHARES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY U.S. STATE SECURITIES LAWS. THE SHARES MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED, DIRECTLY OR INDIRECTLY, WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT) UNLESS THE SHARES ARE REGISTERED UNDER THE SECURITIES ACT OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT IS AVAILABLE.

THE COMPANY HAS NOT REGISTERED AND WILL NOT REGISTER UNDER THE UNITED STATES INVESTMENT COMPANY ACT OF 1940, AS AMENDED.

The Shares have not been approved or disapproved by the United States Securities and Exchange Commission, any U.S. state securities commission or any other U.S. regulatory authority nor have any of the foregoing authorities passed upon or endorsed the merits of this offering or the accuracy or adequacy of this Information Pack. Any representation to the contrary is unlawful. The Shares will be offered and sold (i) in an "offshore transaction" outside the United States to non-U.S. Persons (as such terms are defined in Regulation S under the Securities Act) conducted in conformity with Regulation S and (ii) (A) to a limited number of investors located in the United States that are qualified institutional buyers ("QIBs"), as such term is defined in Rule 144A under the Securities Act, purchasing for their own account or for the account of another QIB in transaction meeting the requirements of Rule 144A and / or (B) to institutional accredited investors ("IAIs") as described in Rule 501(a)(1), (a)(2), (a)(3) or (a)(7) of Regulation D under the Securities Act, in each case, who have executed and delivered a U.S. QIB representation letter or U.S. IAI representation letter, as applicable, substantially in the form provided to it.

This Information Pack does not constitute an offer of, or the solicitation of an offer to subscribe for or to buy, any Shares to any person in the United States or to U.S. Persons to whom it is unlawful to make such offer or solicitation, or which may result in the requirement to register the Shares under the Securities Act. This Information Pack may not be released, published, distributed, forwarded, transferred, copied or otherwise transmitted by any means or media, directly or indirectly, in whole or in part, to any persons within the United States or to any U.S. Person.

This Information Pack may only be distributed to, and is only addressed to and directed at, persons in Canada who are: (a) an "accredited investor" within the meaning of Section 1.1 of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106") of the Canadian Securities Administrators or subsection 73.3(1) of the Securities Act (Ontario), as applicable, and is either purchasing the Shares as principal for its own account, or is deemed to be purchasing the Shares as principal for its own account in accordance with applicable Canadian securities laws, for investment only and not with a view to resale or redistribution; (b) not created or used solely to purchase or hold the Shares as an accredited investor under NI 45-106; (c) entitled under applicable Canadian securities laws to purchase the Shares without the benefit of a prospectus under such securities laws; and (d) if required by applicable Canadian securities laws, will execute, deliver and file or assist the Company in obtaining and filing such reports, undertakings and other documents relating to the purchase of the Shares by it as may be required by any Canadian securities commission or other regulatory authority.

The offer and sale of the Shares in Canada is being made on a private placement basis only and is exempt from the requirement that the Company prepares and files a prospectus under applicable Canadian securities laws. Any resale of the Shares into Canada must be made in accordance with applicable Canadian securities laws, which may vary depending on the relevant jurisdiction, and which may require resales to be made in accordance with Canadian prospectus requirements, a statutory exemption from the prospectus requirements, in a transaction exempt from the prospectus requirements or otherwise under a discretionary exemption from the prospectus requirements granted by the applicable local Canadian securities regulatory authority. These resale restrictions may under certain circumstances apply to resales of the Shares outside of Canada. There will be no public offering of the Shares in Canada. This Information Pack does not contain all of the information that would normally appear in a prospectus under applicable Canadian securities laws. No securities commission or similar authority in Canada has reviewed or in any way passed upon this Information Pack or the merits of the Shares. Any representation to the contrary is an offense. This Information Pack is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of the Shares in Canada.

No placement document, prospectus, product disclosure statement or other disclosure document has been lodged with the Australian Securities and Investments Commission in relation to the offering. This Information Pack does not constitute a prospectus, product disclosure statement or other disclosure document under the Corporations Act 2001 (the "Corporations Act") and does not purport to include the information required for a prospectus, product disclosure statement or other disclosure document under the Corporations Act. To the extent this Information Pack is distributed in Australia, it is distributed for information purposes only.

This Information Pack does not constitute an offer to sell or an invitation to subscribe for, or solicitation of an offer to subscribe for or buy, any Shares to any person in Australia. This Information Pack may only be distributed to, and is only addressed to and directed at persons who are "sophisticated investors" (within the meaning of section 708(8) of the Corporations Act), "professional investors" (within the meaning of section 708(11) of the Corporations Act) or otherwise pursuant to one or more exemptions contained in section 708 of the Corporations Act so that it is lawful to offer the Shares without disclosure to investors under Chapter 6D of the Corporations Act (together, "Exempt Investors").

The Shares applied for by Exempt Investors in Australia must not be offered for sale in Australia in the period of 12 months after the date of allotment under the Placing, except in circumstances where disclosure to investors under Chapter 6D of the Corporations Act would not be required pursuant to an exemption under section 708 of the Corporations Act or otherwise or where the offer is pursuant to a disclosure document which complies with Chapter 6D of the Corporations Act. Any person acquiring Shares must observe such Australian on-sale restrictions.

This Information Pack is intended for the sole purpose of providing information and does not constitute an investment recommendation. Persons needing advice should consult an independent financial adviser. This Information Pack does not constitute a prospectus under the EU Prospectus Regulation (2017/1129), as amended from time to time, and does not purport to include the information required for a prospectus. Investors should not invest in the Shares solely on the basis of this Information Pack.

To the extent this Information Pack is distributed in Denmark, it is distributed for information and background purposes only and does not purport to be full or complete. No reliance may or should be placed by any person for any purposes whatsoever on the information contained in this Information Pack or on its completeness, accuracy, or fairness. The information in this Information Pack is subject to change. No obligation is undertaken to update this Information Pack or to correct any inaccuracies, and the distribution of this Information Pack shall not be deemed to be any form of commitment on the part of the Company to proceed with any transaction or arrangement referred to herein. This Information Pack has not been approved by any competent regulatory authority.

The price and value of the Shares and any income from them can go down as well as up and you could lose your entire investment. Information in this Information Pack cannot be relied upon as a guide to future performance.

The Company reports its reserves and resources information in accordance with Canadian practices and specifically in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), adopted by the Canadian Securities Administrators. Because the Company is permitted to prepare its reserves and resources information in accordance with Canadian disclosure requirements, it may use certain terms in that disclosure that U.S. mineral companies generally do not include or may be prohibited from including in their filings with the SEC.

The reporting standard adopted for the reporting of the Mineral Resources is that defined by the terms and definitions given in the terminology, definitions and guidelines given in the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Standards on Mineral Resources and Mineral Reserves, as amended, as required by NI 43-101. The CIM Code is an internationally recognised reporting code as defined by the Combined Reserves International Reporting Standards Committee.

All scientific or technical information in this presentation has been approved on the Company's behalf by James Gilbertson, VP of Exploration, a Qualified Person under NI 43-101. For further information about the technical information and drilling results described herein, please see the report prepared by Bara Consulting Ltd in accordance with NI 43-101, with an effective date of 12th May 2025, titled "Technical Report on the Updated Mineral Resource Estimate (MRE4) of the Nalunaq Gold Mine, Greenland" and the technical report prepared by SRK Exploration Services Ltd dated effective January 30, 2017, titled "An Independent report on the Tartoq Project, South Greenland" all filed on SEDAR+ under the Company's issuer profile at https://www.sedarplus.ca, and in line with the requirements of the AIM Rules for Companies, including the requirement to have a Competent Person's Report ("CPR") prepared within six months of any admission document, the Competent Person's Report titled "A Competent Person's Report on the Assets of Amaroq Minerals, South Greenland" dated June 26, 2020 ("Technical Reports"), is filed on SEDAR+ under the Company's issuer profile at https://www.sedarplus.ca and is available on the Company's website at https://www.amaroqminerals.com. Please see the Technical Reports for additional information required by sections 3.2, 3.3 and paragraphs (a), (c) and (d) of section 3.4. of NI 43-101.

All scientific and technical disclosure in the CPR is prepared in accordance with NI 43-101 standards. The Company notes that this document does not replace the Company's existing NI 43-101 Technical Reports available on https://www.sedarplus.ca.

Disclaimer

Amaroq Minerals Ltd. published this content on June 11, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 11, 2025 at 16:54 UTC.