Amaroq to Quit TSX Venture as It Targets LSE Main Market Upgrade

An announcement from Amaroq Ltd. ( (TSE:AMRQ) ) is now available.

Amaroq Ltd., the Greenland-focused mine developer listed on AIM, Nasdaq Iceland and OTCQX, plans to voluntarily delist its common shares from the TSX Venture Exchange in March 2026 after concluding that low Canadian trading volumes no longer justify the associated costs and administrative burden. The company will keep its Canadian reporting issuer status and has outlined mechanisms for Canadian shareholders to transfer holdings into depositary interests eligible for trading and settlement through CREST on AIM or Nasdaq Iceland.

In parallel, Amaroq intends in 2026 to upgrade its London presence by transitioning from AIM to the London Stock Exchange’s Main Market and pursuing an Official List equity listing, a move aimed at accessing greater liquidity, attracting a broader base of institutional investors and index funds, and aligning its capital markets profile with its growing operational scale. Citigroup Global Markets Limited has been appointed as sponsor and financial adviser for the LSE Main Market transition, underscoring a strategic shift away from the TSX-V and toward larger European exchanges as the company consolidates trading in jurisdictions more closely aligned with its investor demand and growth ambitions.

More about Amaroq Ltd.

Amaroq Ltd. is an independent mine development company focused on unlocking Greenland’s mineral potential, with principal business objectives spanning the identification, acquisition, exploration and development of gold and strategic metal properties in South Greenland. Its key asset is a 100% interest in the Nalunaq Gold mine, complemented by a portfolio of projects across two known gold belts and advanced exploration targets such as Stendalen and the Sava Copper Belt covering copper, nickel, rare earths and other critical minerals.

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