Greenland Resources Inc. is committed to the highest standards of corporate governance practices. The company and its Board of Directors recognize the importance of best practice governance to the effective management of the company and to the protection of its employees and shareholders. Greenland Resources approach to significant issues of corporate governance is designed with a view to ensuring that the business and affairs of the company are effectively managed so as to enhance shareholder value. Greenland Resources Inc. is committed to, and supports, on-going reviews of its processes, policies, and practices in order to ensure it maintains good stewardship of investor interests. Greenland Resources corporate governance practices have been, and continue to be, in compliance with applicable Canadian securities requirements and the company continually monitors ongoing developments with a view to further revising its governance policies and practices, as appropriate.