Greenland Government Approves Rare Earths License Transfer to Greenland Mines


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” and similar expressions. These forward-looking statements include, but are not limited to, statements regarding the anticipated closing of the Sarfartoq acquisition; the satisfaction of remaining closing conditions; the timing and scope of the planned work program at Sarfartoq following closing; the Company’s plans to advance an updated resource estimate and economic study for Sarfartoq; and the Company’s North Atlantic Critical Metals Corridor strategy. These statements involve known and unknown risks and uncertainties, including risks related to the completion of pending transactions, regulatory and permitting risks, and operational risks inherent to exploration and development activities in Greenland, that could cause actual results to differ materially from those expressed or implied. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. Historic mineral resource estimates and economic studies referenced herein are historical in nature, have not been verified by a current Qualified Person, are not being treated as current Mineral Resources or Mineral Reserves, and should not be relied upon. Readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update any forward-looking statement except as required by applicable law.



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