Greenland Resources Announces Voting Results - Seite 2

Greenland Resources is a Canadian public company with the Ontario Securities Commission as its principal regulator and is focused on the development of its 100% owned Climax type pure molybdenum deposit located in central east Greenland. The Malmbjerg molybdenum project is an open pit operation with an environmentally friendly mine design focused on reduced water usage, low aquatic disturbance and low footprint due to modularized infrastructure. The Malmbjerg project benefits from a NI 43-101 Definitive Feasibility Study completed by Tetra Tech in 2022, with Proven and Probable Reserves of 245 million tonnes at 0.176% MoS₂, for 571 million pounds of contained molybdenum metal. As the high-grade molybdenum is mined for the first half of the mine life, the average annual production for years one to ten is 32.8 million pounds per year of contained molybdenum metal at an average grade of 0.23% MoS₂, approximately 25% of EU total yearly consumption. The project had a previous exploitation license granted in 2009. With offices in Toronto, the Company is led by a management team with an extensive track record in the global mining industry, capital markets, and environmental and social governance. For further details, please refer to our web site (www.greenlandresources.ca) and our Canadian regulatory filings on Greenland Resources’ profile at www.sedarplus.com.

The Project is supported by the European Raw Materials Alliance (ERMA) as stated in their press release September 23, 2023., a Knowledge and Innovation Community of the European Institute of Innovation and Technology (EIT), a body of the European Union.

For further information please contact:

Ruben Shiffman, PhD		Chairman, President
Keith Minty, P.Eng, MBA		Engineering and Project Management
Jim Steel, P.Geo, MBA		Exploration and Mining Geology
Nauja Bianco, M.Pol.Sci.		Public and Community Relations
Gary Anstey		Investor Relations
Eric Grossman, CPA, CGA		Chief Financial Officer
Corporate office		Suite 1810, 25 York Street, Toronto, Ontario, Canada M5J 2V5
Telephone		1-844-252-0532
Email		[e-mail]
Web		www.greenlandresources.ca

Forward Looking Statements