Greenland Mines Ltd - Common Stock (GRML)

Greenland Mines (NASDAQ: GRML) announced that it has applied to the Government of Greenland for a new exploration license covering approximately 262 square kilometres immediately east of its existing Sarfartoq license. If granted, the new license would increase the company’s controlled footprint at Sarfartoq from approximately 192 square kilometres to approximately 454 square kilometres, more than doubling its position across the known rare earth and carbonatite district.

Greenland Mines Ltd (Nasdaq: GRML) shares surged more than 100% in premarket trading Monday as U.S.-listed companies with exposure to Greenland rallied following the announcement of a security agreement involving the United States, Denmark and Greenland, according to CNBC reporter Sam Meredith . CNBC reported that the agreement is expected to establish a significant U.S. military presence in Greenland while preventing U.S. adversaries from establishing bases there.

New 262 km² area creates a contiguous approximately 454 km² project position after evaluation of previous geological work evidenced a potential for further rare earths eastward of the Sarfartoq deposit

Greenland Mines (NASDAQ: GRML) applauded the announced security agreement among the United States, Denmark and Greenland, which provides for an expanded and enduring U.S. security presence in Greenland and limits the ability of U.S. adversaries to establish military positions or make sensitive investments there. The company said the agreement reinforces Greenland’s growing strategic importance, including its role in supplying critical minerals required for defense, advanced technology and energy security.

CHARLOTTE, N.C., Sept. 18, 2026 (GLOBE NEWSWIRE) -- CHARLOTTE, N.C., Sep. 18, 2026 (GLOBE NEWSWIRE) -- via IBN – Greenland Mines Ltd (Nasdaq: GRML) (“Greenland Mines” or the “Company”) today applauded President Donald J. Trump’s announcement of a landmark security agreement among the United States, the Kingdom of Denmark and Greenland. The announced agreement, which provides for a substantially expanded and enduring U.S. security presence in Greenland and limits the ability of U.S. adversaries to establish military positions or make sensitive investments there, represents an important step in strengthening the long-term security of Greenland and the broader Arctic region.

Greenland Mines (NASDAQ: GRML) announced the formation of a Strategic Advisory Board and appointed Constantine E. Karayannopoulos, Thomas Abraham-James and Bent Olsvig Jensen as its initial members. The board brings expertise spanning global rare earth markets, processing and downstream supply chains, direct technical and operating history at the Skaergaard Palladium-Platinum-Gold Project and mine development, operations, logistics and stakeholder engagement in Greenland. Greenland Mines intends to appoint two to three additional members as it broadens the expertise and relationships available to management and its board of directors.

Initial members bring global rare earths leadership, direct Skaergaard technical knowledge, and proven mine-development and operating experience in GreenlandAdvisory Board to support project strategy, studies, permitting, partnerships and the Company’s North Atlantic Critical Metals Corridor

Greenland Mines (NASDAQ: GRML) provided an update on its 2026 field programs at the Skaergaard palladium-platinum-gold project in East Greenland and Sarfartoq rare earth element project in West Greenland. At Skaergaard, the company completed its bulk-sample blasting program, collecting 104.8 tons of mineralized and host material from seven sites for large-scale and pilot-scale metallurgical test work at GTK Mintec in Finland, while also completing ground-penetrating radar surveys and advancing engineering, infrastructure, processing and waste-management studies. At Sarfartoq, Greenland Mines opened and fully manned its exploration camp following the Sept. 1 acquisition, completed a second year of environmental baseline fieldwork and launched geological and structural mapping focused on the ST1 resource zone and additional rare earth exploration targets.

Company completes 104.8-ton bulk-sampling program at Skaergaard; advances geological mapping and environmental baseline studies at Sarfartoq

Every small-cap mining stock eventually reaches a stretch where several catalysts line up in close succession. That stretch turns a quiet chart into something worth watching closely. For Greenland Mines (NASDAQ: GRML) that stretch is now. Four items are converging: the close of its rare earths acquisition following government approval, the end of a live Arctic drilling season, a pending resource update and an option that could nearly double a strategic equity stake.

Junior mining stocks live and die by a single number: The price of whatever metal sits beneath their flagship projects. When that price falls, so does the company, regardless of how good the geology is. It is a structural weakness baked into most explorers’ business models, and it explains why single-asset miners trade at a discount and swing wildly with commodity headlines. Greenland Mines (NASDAQ: GRML) is ensuring it doesn’t operate in that space, having transformed from a company built around one palladium-gold-platinum deposit into one that now also controls a major rare earths project, a shift that creates a different view for interested investors.

Greenland Mines (NASDAQ: GRML) announced a series of corporate milestones as it transitions into a focused rare earths and critical minerals company, including plans to spin off its biotechnology division in the fourth quarter of 2026. Nasdaq has formally approved the company application relating to its March 2026 transaction, resolving prior deficiencies and bringing Greenland Mines into full compliance with listing requirements. The company also completed its acquisition of the Sarfartoq project on Sept. 1 following approval by the Government of Greenland. An independent S-K 1300 Initial Assessment for the ST1 deposit estimated a high-case pre-tax net present value of approximately $2.05 billion and a pre-tax internal rate of return of 118.6%. Greenland Mines said planned annual neodymium-praseodymium oxide production from ST1 would equal approximately 34% of current NdPr oxide refining outside China based on 2025 consumption levels during each of the project nine scheduled operating years. The company is also reshaping its board, with Riad El-Dada and Dr. Shalom Hirschman stepping down and capital markets veteran Jason Hawkins joining as Greenland Mines advances Sarfartoq and its Skaergaard palladium-gold-platinum project.

CHARLOTTE, N.C., Sept. 08, 2026 (GLOBE NEWSWIRE) -- via IBN -- Greenland Mines Ltd ("Greenland Mines" or the "Company") (Nasdaq: GRML) today announced a series of major corporate milestones, including a Q4 2026 spin-off of its biotechnology division, marking the beginning of a new era for Greenland Mines as a rare earths and critical minerals company.

Greenland Mines (NASDAQ: GRML) issued a shareholder letter from President Dr. Bo Møller Stensgaard highlighting progress since the company rebranded in March, including the Sept. 1 closing of its Sarfartoq Neodymium-Praseodymium Rare Earths Project acquisition and ongoing development work at the Skaergaard palladium-gold-platinum project. At Sarfartoq, the company cited an independent Initial Assessment with a high-case pre-tax NPV of approximately $2.05 billion and 118.6% IRR including Indicated and Inferred Mineral Resources, alongside an updated estimate of 6.9 million tonnes of Indicated resources at 1.60% TREO and 5.3 million tonnes of Inferred resources at 0.96% TREO. Greenland Mines also highlighted Neo Performance Materials as a strategic shareholder with offtake rights for up to 60% of future Sarfartoq production.

Company highlights the closing of the Sarfartoq acquisition, a productive 2026 field season at Skaergaard, its North Atlantic Critical Metals Corridor strategy – and the milestones ahead

Greenland Mines (NASDAQ: GRML) announced the Sept. 1, 2026, closing of its acquisition of the Sarfartoq Nd-Pr Rare Earths Project in southwest Greenland, completing a transaction valued at $20 million in cash and $15 million in securities. The company said Sarfartoq planned annual NdPr oxide production would represent approximately 34% of all NdPr oxide refined outside China at 2025 consumption levels during each of the project nine scheduled operating years. An independent Initial Assessment based solely on the ST1 deposit estimates a high-case pre-tax NPV of approximately $2.05 billion and pre-tax IRR of 118.6%, including Indicated and Inferred Mineral Resources.

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At 2025 consumption levels, the NdPr oxide Sarfartoq is expected to produce annually from ST1 alone would represent approximately 34% of all NdPr oxide refined outside China   Transaction closed September 1 following Government of Greenland approval   Charlotte, NC – September 2, 2026 – Greenland Mines Ltd (Nasdaq: GRML) (“Greenland Mines” or the “Company”) , […]

At 2025 consumption levels, the NdPr oxide Sarfartoq is expected to produce annually from ST1 alone would represent approximately 34% of all NdPr oxide refined outside China

Greenland Mines (NASDAQ: GRML) announced that it expects to complete its previously announced acquisition of Neo North Star Resources, Inc., owner of the Sarfartoq Nd-Pr Rare Earths Project in southwest Greenland, before Sept. 1, 2026. The company has received formal approval from the Government of Greenland for the indirect transfer of the Sarfartoq mineral license and completed its recently announced public offering, providing the capital required to fund the $20 million cash portion of the $35 million acquisition. The remaining $15 million will consist of newly issued Greenland Mines common stock, with Neo Performance Materials Inc. (TSX: NEO) becoming a strategic shareholder and retaining offtake rights for up to 60% of future Sarfartoq ore or mineral concentrate production.

Government of Greenland approval secured; completed public offering provides capital to fund acquisition

Government of Greenland approval secured; completed public offering provides capital to fund acquisition   Charlotte, NC – August 27, 2026 –  Greenland Mines Ltd (Nasdaq: GRML) (“Greenland Mines” or the “Company”) today announced that it expects to complete its previously announced acquisition of Neo North Star Resources, Inc., owner of the Sarfartoq Nd-Pr Rare Earths […]