Dr. Ruben Shiffman reports

GREENLAND RESOURCES ANNOUNCES VOTING RESULTS

Greenland Resources Inc. has released the voting results from the company's ordinary- course annual and special meeting held on Oct. 9, 2026.

Election of directors

Each of the four director nominees proposed by management were elected by over 99.4 per cent of the votes cast, demonstrating robust shareholder confidence and support for the board. Details of the voting results are as shown in the attached table.

Reappointment of auditor

The reappointment of McGovern Hurley LLP, chartered professional accountants, to serve as the independent auditor of the company for the ensuing year, and authorization of the board of directors to fix the remuneration of the auditor, was approved by the votes cast.

Approval of long-term incentive plan and related matters

The company's new long-term incentive plan, including all unallocated entitlements and grants heretofore made thereunder, was approved by the votes cast.

About Greenland Resources Inc.

Greenland Resources is a publicly listed Canadian and Greenlandic company developing Malmbjerg, a world-class Climax-type primary molybdenum deposit near tidewater in east-central Greenland. The project has a National Instrument 43-101 definitive feasibility study produced by Tetra Tech, a 30-year molybdenum and magnesium exploitation licence, an environmentally responsible mine design, and binding long-term offtake agreements with major EU (European Union) steel producers. Proven and probable reserves total 245 million tonnes grading 0.176 per cent MoS2, containing 571 million pounds of molybdenum. As the high-grade molybdenum is mined for the first half of the mine life, the average annual production for years 1 to 10 is 32.8 million pounds per year of contained molybdenum metal at an average grade of 0.23 per cent MoS2, approximately 25 per cent of EU total yearly consumption and 100 per cent of EU defence needs.

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