Greenland Resources Inc. is pleased to announce that it has entered into a subscription agreement for a private placement financing with investment funds advised by Maj Invest. Under the terms of the private placement, Greenland Resources will issue 4,225,352 common shares in the capital of the Company at a price of C$0.71 per Common Share for gross proceeds of C$3 million. The Company intends to use the net proceeds from [...]
Greenland Resources Inc. is pleased to announce that the Company has finalized and expanded the scope of the financial sponsorship agreement originally announced on July 14, 2022 to support the local community of Ittoqqortoormiit. The local community of Ittoqqortoormiit is the only nearby settlement located 190 km to the southeast of the Greenland Resources Malmbjerg Project with around 354 inhabitants. A communique of [...]
Greenland Resources Inc. is pleased to announce the signing of a letter of intent for supply of metallurgical process equipment, technology, services, and technical solutions for the Malmbjerg Molybdenum Project with Danish FLSmidth A/S, a full flowsheet technology and service supplier to the global mining and cement industries. This press release features multimedia. View the full release here [...]
Greenland Resources Inc. is pleased to announce that it signed a Memorandum of Understanding with Nuna Group of Companies , for the construction and commissioning of the infrastructure at the Malmbjerg Molybdenum Project . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230607005791/en/ Nuna is a Canadian majority Inuit-owned world class civil construction [...]
Greenland Resources Inc. is pleased to announce that on the twenty year anniversary of Molymet Belgium and in the presence of Belgium Prime Minister Mr. Alexander De Croo and Mr. John Graell, CEO Molymet, the Company has signed a memorandum of understanding with binding terms for long term sales and toll conversion of molybdenum concentrate with Molibdenos y Metales. Molymet is an international investment grade rated [...]
Greenland Resources Inc. is pleased to announce the Company's recent progress on its Malmbjerg Molybdenum Project. Highlights: The Company has entered into MOU's and letters of intent with six molybdenum end users for offtake agreements including large EU investment grade metallurgical steel and chemical companies The Company has made significant progress with large international mining and process equipment providers [...]
Greenland Resources Inc. is pleased to announce that a site visit to the Malmbjerg Molybdenum Project has been scheduled during the second week of April as part of the engineering and financing process. The site visit will include a European equipment manufacturer, supplier, and contractor as well as a Canadian arctic construction company and representatives from a Canadian bank. This press release features multimedia [...]
Greenland Resources Inc. is pleased to provide an update on today's European Commission proposed comprehensive set of actions by the European Commission to ensure the EU's access to a secure, diversified, affordable and sustainable supply of critical and strategic raw materials to meet its Green Deal and digital objectives to be approved by the European parliament. In addition, from the 15th to the 17th of May, 2023, the [...]
Greenland Resources Inc. following its press release dated December 12, 2022, is pleased to announce the regulatory submission of the independent Environmental Impact Assessment report for the Malmbjerg Molybdenum Project. The EIA conducted by WSP Danmark, evaluates and assigns a rating on possible environmental impacts of the Project and considers mitigation measures. The majority of the Project impacts were assessed to [...]
Greenland Resources Inc. is pleased to announce that it will present its Malmbjerg molybdenum project on March 1, 2023 at 12.30 pm EST at the BMO Capital Markets' 32nd Global Metals, Mining & Critical Minerals Conference in Hollywood. This press release features multimedia. The Company also wishes to note that molybdenum prices have been trading around US$40 per pound, making historical highs. The economics stated in the [...]
Greenland Resources is pleased to announce the director voting results from the Company's ordinary-course annual general meeting held on February 6, 2023. Each of the four director nominees proposed by management were elected by over 99% of the votes cast, demonstrating robust shareholder confidence and support for the board. Details of the voting results are as follows: Director For % Withheld % Ruben Shiffman 48,207,051 [...]
Greenland Resources is pleased to announce that it has appointed Endeavour Financial as its Financial Advisor to help raise capital expenditure funds for its Malmbjerg Molybdenum Project. This press release features multimedia. The advisory services will complement the current outstanding support from the European Raw Material Alliance as per their press release EIT/ERMA_June 13, 2022 Press Release. The Company has been [...]
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