Greenland Minerals Ltd. updated on progress toward finalizing the Environmental Impact Assessment (EIA) for the Kvanefjeld Rare Earth Project. The EIA for Kvanefjeld was reviewed through August - September 2019, with structured feedback received from Greenland's Environmental Agency for Mineral Resource Activities (EAMRA) in October. In the review feedback EAMRA separated outstanding environmental issues into two categories: Type 1; those where EAMRA require more information before the EIA can be accepted for public consultation; and Type 2; which can be answered after the process of formal public consultation has been completed and finalised before exploitation plans are approved. GML has since conducted a series of constructive meetings through November and early December via phone conference with EAMRA and their advisors, to discuss Type 1 issues and the approach to finalising the EIA for public consultation. Scopes of work for additional studies were reviewed, and additional work programs have since been commissioned. GML is confident that Type 1 issues can all be effectively addressed. Most of the additional work is related to tailings storage facilities: more detailed modelling of scenarios for embankment failure; more detailed review of seismic conditions to validate long term stability of tailings structures; and a request to investigate the viability of an alternative "dry closure" option for the planned tailings facility. Independent specialist consultant Klohn Crippen Berger (KCB) have been engaged to perform the additional tailings studies. Work by KCB will build on existing tailings studies conducted by AMEC Foster Wheeler (now Wood Group). KCB are a new consultant to contribute to the project and will provide an external assessment of existing environmental designs. Their work on the tailings related Type 1 issues is expected to be completed by February 2020. Arcadis, who have conducted several studies on the Kvanefjeld Project pertaining to radiation, have been retained by GML to conduct some additional work and further clarify the outcomes of existing studies. The additional studies will add further detail to the EIA and will be another important step in developing the EIA to the highest standards possible. Through this rigorous approach GML is looking to provide confidence to Greenland stakeholders that the environmental impact of the Kvanefjeld Project has been investigated vigorously. The new studies are building upon previous assessments and not addressing any gap or a new environmentally critical issue. All additional studies are scheduled to be completed in the first quarter of 2020, and the Company anticipates that an updated EIA incorporating the additional studies will be available for the Greenland Government late March.