Greenland Mines Ltd ("Greenland Mines" or the "Company") (Nasdaq: GRML) today announced that its Greenland operations team has completed an inaugural site visit to the Sarfartoq neodymium‑praseodymium ("Nd‑Pr") rare earths project in southwest Greenland.  On May 20, 2026, the Company signed a definitive agreement to acquire Neo North Star Resources, Inc., owner of the Sarfartoq Project, from its stockholders including Neo Performance Materials ("Neo").

Sarfartoq is a cornerstone asset within the Company's North Atlantic critical minerals portfolio and the on‑site camp and drill rigs support plans for near‑term geological and environmental work.