Business
Greenland Resources Provides Update and Will Present at BMO Conference in Florida
Greenland Resources Inc. (TSX:MOLY | FSE: M0LY) (“Greenland Resources” or the  ...
About this update from Greenland Resources Inc.
[{"type":"text","content":"Greenland Resources Provides Update and Will Present at BMO Conference in Florida\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n \n\n\n\n Greenland Resources Inc. (TSX:MOLY | FSE: M0LY) (“Greenland Resources” or the “Company”) is pleased to announce the Company’s ongoing progress on it Malmbjerg project in Greenland (the “Project”).\n \n\n This press release features multimedia. View the full release here:\n \n https://www.businesswire.com/news/home/20260130422047/en/\n \n\n\n\n Highlights\n \n\n\n\n The Company will present the Project on February 24, 2026, at 11.15 am EST at the BMO Capital Markets' 35\n \n th\n \n Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida. The Company has also been invited to participate in round table discussions amongst other critical minerals developers speaking to North American investors about the importance of mineral development in Greenland.\n \n\n\n\n The Company continues positive discussions with the European Commission as per its\n \n RESourceEU\n \n communique, three national governments, one offtaker and one commercial bank on equity financing and grants for the equity part of the project capex. The Company expects further announcements in Q1-2026.\n \n\n\n\n The Company received an updated letter of interest from Export Development Canada (EDC), a Canadian Crown corporation wholly owned by the Government of Canada to support the Company as a Mandated Lead Arranger, for the development and construction of the Project in an amount up to USD$275 million.\n \n\n\n\n The Company continues to advance negotiations on new long-term offtake agreements with some of the largest steel companies worldwide. The Company have signed binding long term\n \n offtake\n \n agreements that offer price floors and ceilings protection and MOUs with leading steel and chemical companies in\n \n Germany,\n \n Italy, Austria, Sweden, Finland, Denmark and with the\n \n roaster\n \n in Belgium.\n \n\n\n\n The Company will present the Project during Greenland Day on March 2, 2026, in Toronto at the Prospectors & Developers Association of Canada (PDAC)\n \n\n\n\n The Company has concluded an updated Project Execution Plan aligned with the construction timeline to build the mine...