#Greenland #Greenland Energy #Jameson Land #Environmental Program

Greenland Energy Company Confirms Completion of Environmental Baseline Program

In a pivotal move towards sustainable exploration, Greenland Energy Company, listed on Nasdaq under the ticker GLND, has confirmed that its environmental baseline field program at the Jameson Land Project in East Greenland has been successfully completed. This achievement marks a crucial step forward in the long, detailed permitting process required for exploration drilling, demonstrating the company's commitment to ecological integrity and compliance with regulatory mandates.

On August 19, 2026, in alignment with strict governmental guidelines, Greenland's Ministry of Business and Mineral Resources granted field activity approvals to White Flame Energy A/S, the project’s license holder. These approvals allow for activities which include vital data collection such as soil and freshwater sampling, studies on local vegetation and habitats, as well as monitoring of wildlife and bird activities in areas designated for prospective drilling.

The 2026 environmental surveys are built upon extensive research conducted previously at Jameson Land, complementing the existing knowledge and offering additional baseline data necessary for the ongoing Environmental Impact Assessment (EIA) and permitting endeavors. Conducted by seasoned environmental consultants alongside local geoscientists and hunters, who took on the role of wildlife safety guards, it was ensured that all operations adhered to the environmental requirements established by Greenlandic authorities. Crews based their operations daily out of Nerlerit Inaat (Constable Point), emphasizing a careful and respectful approach to exploring the region’s unique ecology.

Larry G. Swets, Jr., Executive Chairman of Greenland Energy, expressed his confidence in the company’s methodical approach, stating, "There is no shortcut through Greenland's regulatory process, and we are going to continue the process one day and one step at a time. The work our teams completed in Jameson Land is precisely what the process demands - thorough, government-approved environmental science conducted in collaboration with the local community, prior to making any drilling decisions. We remain committed to sharing our plans with authorities and the community at large."

Greenland Energy Company is dedicated to responsibly exploring and potentially developing the hydrocarbon resources found within Greenland, particularly in the expansive Jameson Land Basin, which spans approximately 2 million acres of licensed onshore territory. The company aims to unlock the hydrocarbon potential in this frontier area utilizing cutting-edge modern exploration technologies. As preparations progress for future exploration initiatives, Greenland Energy is focused on balancing economic opportunities with environmental stewardship.

As part of its commitment to transparency and responsibility, the company underscores the importance of robust environmental practices while navigating the complexities of the energy sector.

For further information on Greenland Energy Company and its initiatives, please visit www.GreenlandEnergyCo.com.

Cautionary Note Regarding Forward-Looking Statements

This announcement contains forward-looking statements, reflecting company expectations and projections. Terms like "anticipate," "believe," "estimate," and similar expressions denote forward-looking statements, which may be subject to risks and uncertainties impacting actual results. Full disclosure regarding risks and uncertainties is provided in the company's filings with the Securities and Exchange Commission.