Greenland Resources Inc. Stock OTC Markets

Greenland Resources Inc. is a Canadian resource company, focused on the development of its 100% owned Climax type primary molybdenum deposit located in central east Greenland (the Malmbjerg Molybdenum Project). The Malmbjerg Molybdenum Project is an open-pit pure molybdenum project located within Greenland Resources with mineral exploration license MEL 2018/11 in east central Greenland, 30 kilometers from the coast, 600 kilometers north-west (NW) of Iceland and 20 kilometers from Mestersvig airport. The Project is located in the Schuchert River catchment valley and also has magnesium as a byproduct. 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 Proven and Probable Reserves are 245 million tons at 0.176% MoS2, for 571 million pounds containing molybdenum metal.