NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES
TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) 5045299 Ontario Inc. (“5045299”), a corporation formed on the amalgamation of 2449539 Ontario Inc. and Gupta Group Mining and Resources Inc., announces that it has disposed of 17,333,333 common shares (the “Shares”) in the capital of Greenland Resources Inc. (“Greenland”) and an option to acquire 600,000 common shares in the capital of Greenland (the “Options”) through a private sale transaction pursuant to a securities purchase agreement for an aggregate purchase price of $2,150,100, or $0.124 per share, totaling an aggregate of $2,149,333.29 for the Shares, and $766.71 for the Options (the “Transaction”).