Greenland Resources Inc.

Greenland Resources Inc. is pleased to announce that it received a non-binding letter of intent for long term molybdenum supply from the Danish company Topsoe A/S , a global leader in the production of clean transportation fuels for energy-efficient technologies such as ammonia, methanol and hydrogen that are universally seen as the most important fuels and chemicals of the future. This press release features multimedia [...]

Greenland Resources Inc. is issuing this press release in response to a request from the Investment Industry Regulatory Organization of Canada to comment on the recent trading activity of its stock. Other than the fact that molybdenum prices have increased significantly in the past month, the Company is not aware of any material, undisclosed corporate developments and has no material change to report at this time. About [...]

Greenland Resources Inc. is pleased to announce that Ms. Barbara J. Buck has joined our Advisory Board with the objective of providing support in marketing our molybdenum production to end-user companies. Barb has over forty years of professional experience. She served as President of the Executive Committee of the International Molybdenum Association from 2017-2021. IMOA is a non-profit global trade association [...]

Greenland Resources Inc. following its press release dated December 12, 2022, is pleased to announce the submission of the Social Impact Assessment for the Malmbjerg Molybdenum Project in east Greenland . The independent SIA conducted by WSP Danmark A/S analyzes and assigns a rating on the potential positive and negative socio-economic impacts of the Project and is a critical cornerstone in the exploitation permit process [...]

Greenland Resources Inc. following its press release dated October 7, 2022, is pleased to announce a permitting update on its Malmbjerg Molybdenum Project. The Company also wishes to note that the closing spot price for Molybdenum on December 9, 2022 at the London Metal Exchange was US$23.78/lb. The highest molybdenum price used in the Company's NI 43-101 Feasibility Study sensitivity analysis was US$22.50/lb showing an [...]

Greenland Resources is pleased to announce that it has closed its oversubscribed non-brokered private placement announced on October 31, 2022 for gross proceeds of C$2,358,000. Each Unit consists 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 at a price of C$0.70 for 2 years from the closing of the Offering. The Company [...]

Greenland Resources Inc. is pleased to announce that on 30 November 2022, the Company plans to present at the EIT RawMaterials Innovation Hubs North and Baltic Sea Stakeholder Days in Helsinki, Finland, the Malmbjerg Molybdenum project located in central east Greenland. The event gathers mining companies, large industry suppliers, start-ups, and research institutes and calls for collaboration among the North and Baltic [...]

Greenland Resources is pleased to announce that it will be conducting a best efforts non-brokered private placement of up to 3,846,154 units of the Company at a price of C$0.52 per Unit for gross proceeds of up to C$2,000,000. 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 at a price of C$0.70 [...]

Greenland Resources Inc. is pleased to announce that the Government of Greenland, as per the recommendation of the Ministry of Mineral Resources and the Environmental Agency for Mineral Resource Activities, approved the Terms of Reference for the Environmental Impact Assessment and Social Impact Assessment, which constitute the first of two Government approvals needed to obtain an exploitation license for the Malmbjerg [...]

Greenland Resources Inc. is pleased to announce that during the summer months, the Company conducted two site visits to the Malmbjerg Molybdenum Project as part of the re-permitting process, signed a sponsorship agreement with the nearby community and continued discussions with potential strategic partners and end users. The site visits were conducted by the Company's consultants WSP Danmark A/S to collect additional data [...]