GREENLAND RESOURCES TO PARTICIPATE IN THE BMO GLOBAL METALS & MINING CONFERENCE

February 25 2022: TORONTO, ONTARIO — Greenland Resources Inc. (NEO: MOLY, FSE: 2LF) (“Greenland Resources” or the “Company”) is pleased to announce it will participate in the BMO Capital Markets’ 31st Global Metals & Mining Conference from February 27 to March 2, 2022, in Hollywood, Florida. On February 23, 2022, the Company announced results of the NI 43-101 Definitive Feasibility Study for its 100% owned Project with a Base case after-tax IRR of 22.4%, NPV6% of US$1.17 billion (€1.02 billion) and a Levered pre-tax IRR of 40.4%, after tax IRR of 33.8% and payback of 2.4 years. Qualified Person Statement The news release has been reviewed and approved by Mr. Jim Steel, P.Geo., M.B.A. a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 “Standards of Disclosure for Mineral Projects”. About Greenland Resources Inc. Greenland Resources is a Canadian reporting issuer with the Ontario Securities Commission as its principal regulator and is focused on the development of its 100% owned world-class Climax type pure molybdenum deposit located in central east Greenland. The Malmbjerg Molybdenum Project is an open pit operation, with Proven and Probable Reserves of 245 million tonnes at 0.176% MoS2, for 571 million pounds of contained molybdenum metal (Tetra Tech / MMTS, 2022). The Malmbjerg Molybdenum Project benefits from a 2022 NI 43-101 Definitive Feasibility Study completed by Tetra Tech, and 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 mining industry and capital markets. For further details, please refer to our web site (www.greenlandresources.ca) as well as our Canadian regulatory filings on Greenland Resources’ profile at www.sedar.com

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