Amaroq, GCAM commit C$6.5 million to fund Gardaq Greenland exploration JV

• Amaroq secured new JV funding for Gardaq’s 2026/27 Greenland exploration, targeting the Ilua rare earth project and the Minturn iron ore-IOCG target.
• GCAM will invest C$4.7 million for new Gardaq shares under a subscription agreement signed June 22.
• Amaroq will invest C$1.8 million in cash, committing a further C$3 million within 12 months via conversion of accrued overhead and G&A.
• Ownership stays unchanged at 51% for Amaroq, 49% for GCAM.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amaroq Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607130200HUGIN___UKPR_REG_GNW1001212419-en) on July 13, 2026, and is solely responsible for the information contained therein.