Greenland Resources Inc. is pleased to announce that it has closed its oversubscribed and upsized non-brokered private placement announced on May 5, 2025, issuing 3,882,352 units in the capital of the Company at a price of $0.85 per Unit for gross proceeds of up to approximately $3,300,000 . Each Unit consists of one common share of the Company and one half of one Common Share purchase warrant . Each Warrant shall be [...]
Greenland Resources Inc. is pleased to announce that it will be conducting a best efforts non-brokered private placement of up to 3,529,412 units of the Company at a price of C$0.85 per Unit for gross proceeds of up to approximately C$3,000,000 . Each Unit will be comprised of one common share of the Company and one half of one Common Share purchase warrant . Each Warrant shall be exercisable to acquire one Common Share [...]
Greenland Resources Inc. is pleased to provide an update on the exploitation license process and inclusion of magnesium. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250422413412/en/ The Company has received a final revised draft exploitation license from the regulators that includes positive resolution to certain comments referred in our press release dated [...]
Greenland Resources Inc. is pleased to announce the Company's ongoing progress on its Malmbjerg Molybdenum Project . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250331028967/en/ Highlights Greenland elections were held on March 11, 2025 and on March 28, 2025, a new government coalition was formed. The new Premier of Greenland is now Mr. Jens-Frederik Nielsen [...]
Greenland Resources Inc. is pleased to announce the Company has signed an off-take agreement with Finnish Outokumpu, the largest producer of stainless steel in Europe and the second largest producer in the Americas, for the long-term supply of molybdenum oxide. A stock exchange release from Outokumpu can be found on their website at www.outokumpu.com. This press release features multimedia. View the full release here [...]
Greenland Resources Inc. is pleased to announce that further to its press releases dated December 19, October 15, and October 1, 2024, where the Company announced significant progress on the debt portion of the capex, the Company has now received a letter of interest from Export Development Canada , a Canadian Crown corporation wholly owned by the Government of Canada. This press release features multimedia. View the full [...]
Greenland Resources is pleased to announce that further to its press releases dated April 2, and June 11, 2024, the Company has now received a draft exploitation license. This press release features multimedia. Background On Dec 9, 2019, the Company submitted the Terms of Reference of the environmental and social impact assessments to the Government of Greenland. Both documents are required for an exploitation license [...]
Greenland Resources Inc. "Greenland Resources" or the "Company") is pleased to announce that it has signed an advisory agreement with Rasmussen Global to complement the Malmbjerg Project existing funding strategy through potential strategic supranational partners, including the North Atlantic Treaty Organization Innovation Fund and the European Defense Fund. Rasmussen Global was founded and is chaired by Anders Fogh [...]
Greenland Resources Inc. is pleased to announce that further to its press releases dated October 1 and October 15, 2024, where the Company announced support on the debt portion of the capex from Scandinavian export credit agencies, the Company has now received a letter of intent from the state-owned financial institution, Export and Investment Fund of Denmark . This press release features multimedia. View the full release [...]
Greenland Resources Inc. welcomes the Government of Canada's decision announced today to appoint an Arctic ambassador and open a consulate in Nuuk, Greenland. This follows the new Canadian Arctic Foreign Policy Framework to protect, together with its allies, the economic and military challenges including mineral resources security supply in the Arctic. The Company believes this is relevant for the Project as it is in [...]
Greenland Resources Inc. is pleased to announce that it submitted to the Greenland Minerals Licenses and Safety Authority an updated version of the Environmental Impact Assessment for the Malmbjerg Molybdenum Project in east Greenland authored by WSP Danmark A/S. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241203118140/en/ The updated EIA incorporates the [...]
Greenland Resources Inc. is pleased to announce that further to its press release dated January 3, 2023 and May 8, 2024, where the Company announced the submission of the Social Impact Assessment , and after an extensive review process with regulators, stakeholders and communities, approval has been granted by the government of Greenland and final translations to Greenlandic and Danish can proceed. This press release [...]