Greenland Mines Forms Strategic Advisory Board to Advance Critical Metals Projects

Greenland Mines Ltd. (NASDAQ: GRML) announced the formation of a Strategic Advisory Board and appointed Constantine E. Karayannopoulos, Thomas Abraham-James and Bent Olsvig Jensen as its initial members. The board brings expertise spanning global rare earth markets, processing and downstream supply chains, direct technical and operating history at the Skaergaard Palladium-Platinum-Gold Project, and mine development, operations, logistics and stakeholder engagement in Greenland. Greenland Mines intends to appoint two to three additional members as it broadens the expertise and relationships available to management and its board of directors.

Karayannopoulos brings more than 30 years of experience in rare earth elements, critical minerals and advanced materials, including direct historical involvement with Sarfartoq. Abraham-James previously worked directly on Skaergaard and brings exploration, project-development and public-markets experience. Olsvig Jensen brings approximately 30 years of leadership and operating experience in Greenland.

The Strategic Advisory Board will support Greenland Mines as it advances Sarfartoq and Skaergaard through technical studies, permitting, commercial engagement and integrated development planning, and develops its broader North Atlantic Critical Metals Corridor strategy. This move is significant because it signals Greenland Mines' commitment to leveraging deep domain expertise to navigate the complex technical, regulatory and commercial landscape of rare earth and precious metals development in Greenland. With global demand for critical minerals rising, particularly for rare earth elements used in magnets for electric vehicles and wind turbines, the company is positioning itself to become a key player in the supply chain.

The appointments come at a critical time as Greenland Mines seeks to advance its two flagship projects. The Skaergaard Project in southeast Greenland is a palladium-platinum-gold deposit, while the Sarfartoq project in southwest Greenland is a neodymium-praseodymium (Nd-Pr) rare earths project, subject to closing of a previously announced transaction. The company's strategy is centered on building a multi-asset platform with exposure to rare earth magnet materials, precious metals and selected midstream processing opportunities, while advancing its broader North Atlantic Critical Metals Corridor vision linking Greenland resources with allied downstream jurisdictions and industrial infrastructure.

The advisory board's expertise in Greenland operations and stakeholder engagement is particularly important given the unique logistical and community considerations of operating in Greenland. Olsvig Jensen's extensive experience in Greenland will be invaluable for navigating local regulations and building relationships with communities and authorities. Karayannopoulos's background in rare earth markets and downstream supply chains will aid in commercial negotiations and offtake agreements, while Abraham-James's direct experience at Skaergaard provides technical continuity.

For investors, the formation of this board underscores Greenland Mines' proactive approach to de-risking its projects and enhancing its technical and commercial capabilities. It also highlights the company's focus on the entire value chain, from exploration to processing, which could lead to more efficient project development and better positioning in the global critical metals market. As the world transitions to cleaner energy, the demand for rare earths and platinum group metals is expected to grow, making Greenland Mines' progress one to watch.

To view the full press release, visit https://ibn.fm/OWZHG. The latest news and updates relating to GRML are available in the company's newsroom at https://ibn.fm/GRML.