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http://www.ggg.gl/docs/ASX-announcements/EIAandSIA-for-Kvanefjeld-to-be-finalised.pdf

Company Announcement, August 6th, 2014

Greenland Minerals and Energy Ltd (“GMEL” or “the Company”) is pleased to provide an update on
the Environmental and Social Impact Assessments (EIA and SIA) for the Kvanefjeld Project.

The impact assessments form critical components of a mining license application, and will be completed
in the coming months. Respected Danish consultants Orbicon and Grontmij continue their roles as
lead consultants on the EIA and SIA respectively.

The completion of the EIA and SIA culminates several years of extensive baseline studies that stand to provide confidence and rigour to the quality of these key studies and the underlying data sets