Amaroq Minerals Ltd.

About Amaroq Minerals Ltd.

Amaroq Minerals Ltd. is a mining and exploration company operating in South Greenland, focusing on areas rich in critical metals and essential raw materials. Their mission is to leverage expertise and regional knowledge to bring long-term value to Greenland and the Nordics through responsible operations and community investment.

Products & Services

Nalunaq Gold Project:A 100% owned high-grade gold mine in South Greenland, which entered production in 2024.

Nanoq:A gold exploration project in South Greenland.

Sava Copper Belt:A strategic minerals project focusing on copper exploration in South Greenland.

Specialties

Gold Mining Copper Exploration Critical Metals Raw Materials Exploration

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 35245000 MR: - FA: US $35.245 million FAN: 35245000	D: 2025-11-19 FD: 2025-11-19	1 investors
2	RT: Equity Placing T: - FT: Equity Placing	A: 45000000 MR: - FA: approximately £45.0 million FAN: 45000000	D: 2025-06-12 FD: 2025-06-12	1 investors
3	RT: Debt T: - FT: Debt	A: 35000000 MR: - FA: US$35 million FAN: 35000000	D: 2024-12-30 FD: 2024-12-30	1 investors
4	RT: Equity Placement T: - FT: Equity Placement	A: 34925000 MR: - FA: £27.5 million FAN: 34925000	D: 2024-12-17 FD: 2024-12-17	11 investors
5	RT: Placing and Subscription T: - FT: Placing and Subscription	A: 32034664 MR: - FA: 32,034,664 common shares FAN: 32034664	D: 2024-12-16 FD: 2024-12-16	5 investors
6	RT: Equity Financing T: - FT: Equity Financing	A: 34925000 MR: - FA: £27.5 million FAN: 34925000	D: 2024-12-04 FD: 2024-12-04	6 investors
7	RT: Equity Placing T: - FT: Equity Placing	A: 25400000 MR: - FA: approximately £20.0 million FAN: 25400000	D: 2024-12-03 FD: 2024-12-03	6 investors
8	RT: Convertible Notes T: - FT: Convertible Notes	A: 22400000 MR: - FA: US$22.4m FAN: 22400000	D: 2024-10-04 FD: 2024-10-04	2 investors
9	RT: Debt T: - FT: Debt	A: 35000000 MR: - FA: US$35 million FAN: 35000000	D: 2024-07-02 FD: 2024-07-02	6 investors
10	RT: Equity Placing T: - FT: Equity Placing	A: 55440000 MR: - FA: £44 million FAN: 55440000	D: 2024-02-23 FD: 2024-02-23	1 investors
11	RT: Debt T: - FT: Debt	A: 36018312 MR: - FA: 36,018,312 FAN: 36018312	D: 2024-02-21 FD: 2024-02-21	-
12	RT: Equity Financing (Placing) T: - FT: Equity Financing (Placing)	A: 55888000 MR: - FA: £44 million FAN: 55888000	D: 2024-02-13 FD: 2024-02-13	4 investors
13	RT: Equity Financing T: - FT: Equity Financing	A: 38100000 MR: - FA: £30.0 million FAN: 38100000	D: 2024-02-12 FD: 2024-02-12	4 investors
14	RT: Debt T: - FT: Debt	A: 50900000 MR: - FA: US$50.9 million FAN: 50900000	D: 2023-09-01 FD: 2023-09-01	5 investors
15	RT: Debt T: - FT: Debt	A: 50900000 MR: - FA: 50.9 million FAN: 50900000	D: 2023-08-11 FD: 2023-08-11	5 investors
16	RT: Debt T: - FT: Debt	A: 49500000 MR: - FA: US$49.5m FAN: 49500000	D: 2023-03-28 FD: 2023-03-28	6 investors

Debt Latest

2025-11-19

$35.2M

1 investor (Pro only)

Equity Placing 2025-06-12

$45.0M

Debt 2024-12-30

$35.0M

View 15 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

E

Eldur Olafsson

Founder & Chief Executive Officer

G

Graham Stewart

Chairman

S

Sigurbjorn Thorkelsson

Non-executive Director

L

Line Frederiksen

Non-Executive Director

D

David Neuhauser

Non-executive Director

L

Liane Kelly

Senior Independent Director

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