Greenland Minerals and Energy Limited reported consolidated earnings results for the year ended of December 31, 2016. For the period, the company reported revenue from continuing operations of AUD 83,000 compared to AUD 194,000 a year ago. Loss for year was AUD 2,173,000 compared to AUD 4,091,000 a year ago. Loss before tax was AUD 2,173,000 compared to AUD 4,091,000 a year ago. Loss attributable to owners of the parent was AUD 2,173,000 compared to AUD 4,091,000 a year ago. Basic and diluted loss per share was 0.026 cents against of 0.058 cents a year ago. Net cash used in operating activities was AUD 2,156,000 compared to AUD 2,197,000 a year ago. Payments of exploration and development were AUD 2,001,000 compared to AUD 5,416,000 a year ago.