Vesting and New Awards under the Restricted Share Unit Plan (the “RSU Plan”) and Total Voting Rights

Author of the article:You can save this article by registering for free here. Or sign-in if you have an account.Reykjavík, Feb. 13, 2026 (GLOBE NEWSWIRE) — (“Amaroq” or the “Company“)Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.Vesting and New Awards under the Restricted Share Unit Plan (the “RSU Plan”) and Total Voting RightsTORONTO, ONTARIO – 13 February 2026 – Amaroq Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development corporation focused on unlocking Greenland’s mineral potential, announces that on 12 February 2026 certain restricted share units vested and new awards were granted under the RSU Plan. Further details are set out below.Vesting of the RSUsGet the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Following the release made on 12 February 2025 regarding the granting of an award (the “Award”) to directors and employees in line with the Company’s RSU plan, a total of 1,792,236 RSUs (representing 50% of the Award) have vested (the “RSU Shares”). This includes allocations to the PDMRs Eldur Olafsson (Director and CEO) and Joan Plant (Interim COO), bringing their total holdings to 17,055,825 and 551,007 shares, respectively. The remaining 50% of shares will vest on the second anniversary of the grant date.Recipients of the vested shares may sell a portion of such shares in the near term to cover applicable tax obligations arising on vesting.Application will be made for admission of the RSU Shares to trading on AIM. It is expected that admission will become effective and that dealings in the RSU Shares will commence on AIM at 8:00 a.m. on 17 February 2026. Following admission of the RSU Shares, the Company’s total issued share capital will consist of 465,441,058 common shares of no par value each, and each with voting rights. Given the Company does not hold any common shares in Treasury, this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in interest in, the share capital of the Company.DEALING NOTIFICATION FORMFOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITYAND THEIR CLOSELY ASSOCIATED PERSONS 1) 1,024,134 ordinary shares 2) 256,034 ordinary sharesCAD 0Awards of the RSUsThe Company also announces that on 12 February 2026, in accordance with the RSU Plan, it granted awards to certain directors and employees, details of which are set out below.In addition to the awards described above, 69,476 RSUs were also granted to personnel under the RSU Plan, all of which will vest on the first anniversary of the grant date.Full details of the RSU Plan are available on the Company’s website at https://www.amaroqminerals.com/about/corporate-governance/.Enquiries:Amaroq Ltd. C/O Ed Westropp, Head of BD and Corporate Affairs +44 (0)7385 755711ewe@amaroqminerals.comEddie Wyvill, Corporate Development +44 (0)7713 126727ew@amaroqminerals.comPanmure Liberum Limited (Nominated Adviser and Corporate Broker)Scott MathiesonFreddie Wooding+44 (0) 20 7886 2500Canaccord Genuity Limited (Corporate Broker)James AsensioHarry Rees+44 (0) 20 7523 8000Camarco (Financial PR)Billy CleggElfie KentFergus Young+44 (0) 20 3757 4980Further Information:About Amaroq Amaroq’s principal business objective is the identification, acquisition, exploration and development of gold and strategic metal assets in Greenland. The Company’s flagship asset is the 100%-owned Nalunaq Gold Mine, currently in production and ramp up, and supported by a growing pipeline of high-grade satellite gold targets across South and West Greenland.Amaroq also acquired a 100% interest in the Black Angel zinc-lead-silver project in West Greenland, historically one of Greenland’s highest-grade base metal operations, where the Company is advancing studies to evaluate the potential for future redevelopment as part of its emerging West Greenland Hub strategy.Beyond gold and base metals, Amaroq controls a broad portfolio of strategic metal licences across South Greenland, including advanced exploration projects at Stendalen (copper-nickel sulphides) and within the Sava Belt, where the Company is exploring for copper, nickel, rare earth elements and other critical minerals.Amaroq is continued under the Business Corporations Act (Ontario) and wholly owns Nalunaq A/S, incorporated under the Greenland Companies ActNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Inside InformationThis announcement does not contain inside information.Postmedia is committed to maintaining a lively but civil forum for discussion. 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