Greenland Mines Ltd · NASDAQ:GRML
Greenland Mines — Investor Presentation (March 2026)
24 slides from Greenland Mines's investor presentation, Mar 12, 2026
Slide 1: Investor Webcast – March 12, 2026
Investor Webcast – March 12, 2026
Slide 2: Forward-looking information
This presentation contains “forward - looking information” within the meaning of applicable Canadian securities regulations and “forward - looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward - looking information”) . Th
Slide 3: Introduction
Introduction Dr. Joseph Sinkule (CEO) 3
Slide 4: Deal Summary
Deal Summary Jeff LeBlanc (CFO) 1 Acquisition of Greenland Mines completed on March 4, 2026 Consideration paid is convertible preferred equity with conversion subject to shareholder approval Offers shareholders access to world - class mineral resource assets in Greenland Company now has two operatin
Slide 5: Skaergaard Project overview
Located in Southeast Greenland, the Skaergaard Project is one of the largest undeveloped gold (Au), palladium (Pd), and platinum (Pt) deposits in the world, with a total in - situ resource value of approximately $68 Billion at February 2026 metal prices 1 . Greenland Mines Ltd owns 80% of the Skaerg
Slide 6: Skaergaard Intrusion’s Iconic Status
Skaergaard Intrusion’s Iconic Status UK Denmark Denmark USA USA Skaergaard Intrusion in East Greenland was emplaced around 56 million years ago beneath an accumulating series of plateau basalts that had formed during the continental break - up and the opening of the North Atlantic Ocean . First majo
Slide 7: Global gold equivalent deposit ranking
Source: Publicly available resource and reserve estimates (July 2025) Gold Equivalent Value (Moz AuEq) Project Name (Location) Global Rank 292.7 Pebble Project (Alaska, USA) 1 263.2 KSM (British Columbia, Canada) 2 101.9 Hu'u Onto (Indonesia) 3 83.7 Reko Diq (Balochistan, Pakistan) 4 81.0 Sukhoi Log
Slide 8: Executive Summary: The Skaergaard Opportunity
Executive Summary The Skaergaard Opportunity • World - Class Scale : 2022 NI 43 - 101 Indicated + Inferred 25.4 Moz PdEq and 23.5 Moz AuEq of gold, palladium, and platinum 1 , mafiing Sfiaergaard one of the largest palladium - gold deposits globally • Proven Geology : Consistent grades, large minera
Slide 9: The Skaergaard Opportunity
The Skaergaard Opportunity World - Class Scale 2022 NI 43 - 101 Indicated + Inferred 25.4 Moz PdEq and 23.5 Moz AuEq of gold, palladium, and platinum 1 , with a 2026 total in - situ resource value of $68 Billion 2 , making Skaergaard one of the largest palladium - gold deposits globally Tier 1 Emerg
Slide 10: Gold (Au)
Gold (Au) ~27% of Total Resource ~$34.8 Billion 2026 In - Situ Resource Value 2 Price at: $5,100/oz (Feb 2026) Annual Market Size ~$35 trillion Market capitalisation (Jan 2026) 5,002 metric tonnes Total demand in 2025 $298 billion Daily trading volume (Dec 2025) Market Drivers 1 Inflation hedge s cu
Slide 11: Palladium (Pd)
Palladium (Pd) ~$30.8 Billion 2026 In - Situ Resource Value 2 ~68% of Total Resource Price at: $1,800/oz (Feb 2026) Annual Market Size (2025) $20.4 billion expected to grow to $23.6 billion by 2032 Market Drivers CAGR (2024 – 2032) 2.1% • Highly concentrated in Russia and South Africa • Substitution
Slide 12: Platinum (Pt)
Platinum (Pt) ~5% of Total Resource ~$3 Billion 2026 In - Situ Resource Value 2 Price at: $2,175/oz (Feb 2026) Annual Market Size (2025) $7.42 billion projected to reach $10.55 billion by 2033 Market Drivers CAGR (2024 – 2033) 4.5% • ~70% of supply comes from South Africa • Substitution risk: Can su
Slide 13: Mining in Greenland
Mining in Greenland • Autonomous territory with a modern and transparent mining code (an entirely new Mining Act to replace the former Mineral Resource Act came into effect on January 1, 2024, intended to modernize mineral and hydrocarbon exploration and exploitation) • Stable democratic governance
Slide 14: Timeline
Timeline 1935 The Sfiaergaard Intrusion was discovered by L.R. Wagner in 1935, resulting in a monumental memoir (Wagner and Deer 1939), arguably one of the most significant petrological publications of the 20th century. From the 1950s and continuously until today, the Skaergaard Intrusion represents
Slide 15: Skaergaard Site
Skaergaard Site Location Jurisdiction Southeast Greenland (~450 km west of Iceland) Access Charter flight to Sødalen airstrip (2.5 hours from Iceland) + helicopter to site Seasonality Field operations feasible July – October (ice - free window) $30 Million invested in the Skaergaard Project since 20
Slide 16: Licenses
3 Licenses 3 Mineral Exploration Licences (MEL) 877fim 2 MEL 2007 - 01 1 : 107 km 2 • Hosts Skaergaard Intrusion • 2021 summer drilling campaign MEL 2012 - 25 2 : 16 km 2 • Sødalen camp, airstrip • Access via helicopter • Miki G Watkins Fjords MEL 2021 - 10 3 : 754 km 2 “new area” north and west of
Slide 17: Mineral Resource Estimate 2022 prices
NOTES 1. CIM (2014) definitions were followed for Mineral Resources. 2. PdEq grades were calculated using the formula PdEq (g/t) = g/t Pd + (1.079 * g/t Au) + (0.674 * g/t Pt), which assumes metal prices of US$1,725/oz Pd, US$1,800/oz Au, and US$1,250/oz Pt, metallurgical recoveries of 86% Pd, 89% A
Slide 18: Mineral Resource Estimate 2026 prices
NOTES 1. CIM (2014) definitions were followed for Mineral Resources. 2. PdEq grades were calculated using the formula PdEq (g/t) = g/t Pd + (2.932 * g/t Au) + (1.124 * g/t Pt), which assumes metal prices of US$1,800/oz Pd, US$5,100/oz Au, and US$2,175/oz Pt, metallurgical recoveries of 86% Pd, 89% A
Slide 19: Expansion Potential
Expansion Potential 1 Major Resource Upgrade 2022 NI 43 - 101 Technical Report is based on 45,000 metres of diamond drilling and channel sampling. 95% increase in Indicated resources and 28% increase in total contained metal vs. 2021 Mineral Resource Estimate (MRE) Mineralisation Open in all Directi
Slide 20: Comparables: Greenland-based Mining Companies
Comparables: Greenland - based Mining Companies Company Marfiet Cap (Feb 2026, USD) From March 12, 2026 Greenland Mines Ltd (NASDAQ: GRML) $765 Million $1.2 Billion Primary Minerals Gold, Palladium, Platinum Gold, Copper, Nickel Rare Earth Elements (REEs), Gallium Estimated Resource Base 2022 NI 43
Slide 21: Natural Resources Team: Bo Møller Stensgaard
Natural Resources Team Bo Møller Stensgaard President Bo is a seasoned executive with over 20 years in mineral exploration and natural resource development across Europe and the Arctic, starting in Greenland geology in 1998. Holding a PhD in economic geology and former Senior Research Scientist at t
Slide 22: Natural Resources Team: Hans Jensen
Natural Resources Team Hans Jensen Country Manager Logistics & Studies Hans is a seasoned senior executive with over 30 years of hands - on experience living and working in Greenland, specializing in operational, logistical, and facility management for mineral exploration, resource development, and
Slide 23: Investor Q&A
Investor QsA 1 What happens to the Klotho Neurosciences pipeline in this new operating structure? 23 2 You mentioned a shareholder meeting – when will that be? 3 What is the timing for a Preliminary Economic Assessment (PEA)? What is different now compared to past campaigns at Skaergaard?
Slide 24: Forward-Looking Statements and contact
Forward - Loofiing Statements: This presentation contains forward - looking statements and assumptions, including but not limited to those regarding exploration potential, development timelines, resource expansion, and market dynamics. Please refer to the full disclaimer slide for additional detail.