Greenland Resources Inc. is pleased to announce a timeline for the Malmbjerg molybdenum project NI 43-101 Feasibility Study that is being prepared by Tetra Tech Canada Inc. In 2018 the Company, in association with numerous world class consultants, commenced the optimization of the previous 2008 Feasibility Study prepared by Wardrop, now Tetra Tech. The Company's engineering work completed to date includes a successful [...]
Greenland Resources Inc. is pleased to announce that it has created a European Advisory Board with the objective of providing strategic and technical input to corporate decision-making in respect of relevant stakeholders in the European industry ecosystem, with particular reference to the development of the Malmbjerg molybdenum deposit in east Greenland. To this extent, Mr. Jens Moberg will join as Senior Advisor. Jens [...]
Greenland Resources Inc. is pleased to announce that TetraTech Canada Inc. , has prepared an independent Mineral Resource estimate of 281 million tonnes grading 0.18% MoS2 resulting in 661 million pounds of Mo in the Measured and Indicated Resource categories at the Company's 100% owned, Malmbjerg Molybdenum Project . Greenland Chairman Dr. Shiffman noted, "It is the revenue side in our financial model that really moves [...]
Greenland Resources Inc. is pleased to announce that the Feasibility Study field program and environmental baseline studies conducted during the summer, successfully concluded on August 31, 2021 as planned and on budget. Greenland Chairman Dr. Ruben Shiffman noted, "The benefit of our Feasibility Study is that we do not need any further drilling. As a result, the Company is moving directly to discussions with investors [...]
Greenland Resources Inc. is pleased to announce that is has received final approval to list its common shares on the Canadian Neo Exchange Inc. . The Company expects to commence trading on September 20, 2021 on the NEO under the ticker symbol "MOLY". The Company has also applied to list on the Frankfurt stock exchange, and expects to receive final approval shortly after the NEO listing commences. Qualified Person [...]
Greenland Resources Inc. is pleased to announce that the Malmbjerg molybdenum summer field program commenced as planned on August 1, 2021. The objective of the program is to produce a new NI 43-101 Feasibility Study Technical Report for the Malmbjerg molybdenum project and conduct environmental work required to obtain a new exploitation license. The planning of the field program started five months ago, and the logistics [...]
Greenland Resources Inc. is pleased to announce that it has closed the previously announced transaction with Cryptologic Corp. on January 27, 2021 to sell 100% of the outstanding shares of the Company's wholly-owned subsidiary, Copenhagen Minerals Inc., which owns the Stor? Gold project, located in south west Greenland . As a result of the of the closing of the Transaction, Cryptologic changed its name to "Greenhawk [...]
Greenland Resources Inc. is pleased to provide an update on the following developments: upcoming summer environmental and engineering field program; molybdenum market outlook, exploitation license progress and on other corporate initiatives which include marketing and progress on the sale of its subsidiary Copenhagen Minerals Inc. Summer Field Program The Company submitted an application to the Greenland authorities to [...]
Greenland Resources Inc. is pleased to announce that it has completed its brokered private placement of 23,742,337 units of the Company at a price of $0.35 per Unit for aggregate gross proceeds of $8,309,818 . Canaccord Genuity Corp. and PowerOne Capital Markets Ltd. acted as lead agents and co-bookrunners to the Offering. Each Unit is comprised of one common share in the capital of the Company and one half of one Common [...]
Greenland Resources Inc. is pleased to announce that it has entered into an agreement with Cannacord Genuity, and PowerOne Capital Markets. as lead agents and co-bookrunners, on their own behalf and on behalf of a syndicate of agents including Haywood Securities, to be determined by the Lead Agents in connection with a best efforts, private placement of up to 20,000,000 units of the Company at a price of C$0.35 per Unit [...]
Greenland Resources Inc. is pleased to announce that it has entered into a binding share purchase agreement with Cryptologic Corp. on January 27, 2021 to sell 100% of the outstanding shares of the Company's wholly-owned subsidiary, Copenhagen Minerals, which owns the Stor? Gold Project, located in south west Greenland. Management believes the Transaction will create value to Greenland Resources shareholders, will allow [...]
Greenland Resources Inc. is pleased to announce that the Government of Greenland granted the Company’s fully owned subsidiary Copenhagen Minerals Inc. a new Mineral Exploration license surrounding the Company’s Storø gold project and a new Mineral Prospecting License in west Greenland. In addition, the Company conducted a spectral analysis and synthetic aperture radar survey in the new Mineral Exploration license with [...]