Greenland Mines Welcomes Greenland Parliament’s Approval of Landmark U.S.-Denmark-Greenland Security Agreement

Historic parliamentary vote reinforces Greenland's growing strategic importance to U.S. and allied national security

Company highlights Sarfartoq rare earths and Skaergaard precious metals as potential contributors to secure allied supply chains

CHARLOTTE, N.C., Nov. 04, 2026 (GLOBE NEWSWIRE) -- via IBN -- Greenland Mines Ltd (“Greenland Mines” or the “Company”) (Nasdaq: GRML; FSE: HK6), a Greenland-focused critical-minerals developer, today welcomed the Greenland Parliament’s approval of the landmark trilateral security agreement among Greenland, Denmark and the United States. The agreement, signed in September at the United Nations General Assembly, represents a significant step toward strengthening Arctic and North Atlantic security and deepening cooperation among Western allies.

“Greenland is rapidly becoming one of the most strategically important regions in the world, and this historic vote reinforces its central role in Western security,” said Bo Møller Stensgaard, President of Greenland Mines. “National security extends beyond military installations to the critical minerals that power modern defense systems and advanced technologies. With our Sarfartoq rare earths and Skaergaard precious metals projects, Greenland Mines is uniquely positioned to help translate this strategic alignment into secure, allied supply chains.”

The agreement was approved by a 16–0 vote, with seven abstentions, and is expected to undergo further parliamentary consideration in Denmark. Greenland Mines continues to advance its North Atlantic Critical Metals Corridor strategy, connecting Greenland’s strategic mineral resources with processing capacity and industrial customers in the United States and allied nations.

About Greenland Mines Ltd

Greenland Mines Ltd is listed on Nasdaq and develops mineral assets in Greenland, including the Skaergaard precious-metals project in southeast Greenland and the Sarfartoq neodymium-praseodymium rare earths project in southwest Greenland. Its North Atlantic Critical Metals Corridor strategy seeks to connect Greenland resources with processing capacity and industrial customers in the United States and allied countries. The Company’s portfolio also includes a strategic investment in AnorTech, which is developing alumina and other materials from Greenland anorthosite.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “potential,” “could,” “may,” “will,” “should,” “estimate,” “objective” and similar expressions.

Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties. Many factors could cause actual results to differ materially, including exploration, resource-estimation, metallurgical, engineering, environmental, social, permitting, logistical, infrastructure, financing, commodity-price, market, counterparty and execution risks; the availability and level of participation of advisory board members; changes to planned programs and timelines; the Company’s ability to obtain required approvals and financing; and risks described in documents filed or to be filed with the U.S. Securities and Exchange Commission. No assurance can be given that studies, applications, partnerships, transactions, development decisions or production will occur on the timing contemplated or at all.

Readers should carefully consider these factors and the other risks and uncertainties described in the Company’s SEC filings. All information in this press release is provided as of its date, and the Company undertakes no obligation to update any forward-looking statement except as required by applicable law.

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