Greenland Minerals and Energy Limited reported audited consolidated and parent earnings results for the year ended December 31, 2017. For the year, on consolidated basis, the company's revenue from continuing operation was AUD 127,000 compared to AUD 83,000 a year ago. Loss before tax was AUD 2,489,000 compared to AUD 2,173,000 a year ago. Loss was AUD 2,489,000 compared to AUD 2,173,000 a year ago. Loss attributable to owners of the parent was AUD 2,489,000 compared to AUD 2,173,000 a year ago. Diluted loss per share was 0.026 cents compared to 0.026 cents a year ago. Net cash used in operating activities was AUD 1,819,000 compared to AUD 2,156,000 a year ago. Payments for exploration and development was AUD 2,567,000 compared to AUD 2,001,000 a year ago. For the year, on parent basis, the company's loss was AUD 477,000 compared to AUD 3,006,000 a year ago.