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Amaroq to quit TSX Venture as it targets LSE Main Market upgrade

Story Highlights
  • Amaroq will delist from Canada’s TSX Venture Exchange, consolidating trading on AIM, Nasdaq Iceland and OTCQX.
  • The miner plans to upgrade its London listing to the LSE Main Market to attract more institutional and index investors in 2026.
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Amaroq to quit TSX Venture as it targets LSE Main Market upgrade

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The latest update is out from Amaroq Ltd. ( (TSE:AMRQ) ).

Amaroq Ltd. plans to delist its shares from Canada’s TSX Venture Exchange on 19 March 2026, citing low trading volumes relative to its other listings and the costs and obligations of maintaining the Canadian quote. Its shares, in the form of depositary interests, will remain tradable on London’s AIM, Nasdaq Iceland and OTCQX, and the company will continue to meet Canadian disclosure requirements as a reporting issuer.

The company also intends to move its London listing from AIM to the London Stock Exchange’s Main Market and secure admission to the UK Financial Conduct Authority’s official list during 2026. Management argues that a Main Market listing, alongside Nasdaq Iceland, will better support its growing operations by broadening access to institutional investors and index funds, and has appointed Citigroup Global Markets Limited as sponsor and adviser for the transition.

Canadian shareholders are being guided through a conversion process that will allow their holdings to trade as depositary interests and settle via the UK’s CREST system for access to AIM and Nasdaq Iceland. The company plans to keep CDS eligibility in place until 30 April 2026 to give investors time to complete cross‑border transfers, aiming to minimise disruption while consolidating liquidity on its remaining trading venues.

More about Amaroq Ltd.

Amaroq Ltd. is a mineral exploration and development company focused on gold and strategic metals in South Greenland. Its principal asset is the 100%‑owned Nalunaq gold mine, complemented by a portfolio of projects across the region’s two known gold belts and advanced prospects at Stendalen and the Sava Copper Belt targeting copper, nickel, rare earths and other minerals.

For a thorough assessment of AMRQ stock, go to TipRanks’ Stock Analysis page.

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