Greenland Mines Ltd - Common Stock (GRML)

Greenland Mines (NASDAQ: GRML) announced the pricing of its previously announced public offering, which is expected to generate approximately $20 million in aggregate gross proceeds before placement agent fees and other offering expenses. The offering covers 4 million shares of common stock, or common stock equivalents, to new and existing mining-focused institutional investors and is expected to close on or about Aug. 27, 2026, subject to customary closing conditions. Greenland Mines intends to use the net proceeds to fund the acquisition of the Sarfartoq Nd-Pr Rare Earth Element Project, working capital and other general corporate purposes. A.G.P./Alliance Global Partners acted as sole placement agent.

Greenland Mines (NASDAQ: GRML), a Western-aligned critical minerals developer, announced plans to offer shares of common stock, or common stock equivalents, in a public offering, with all securities to be offered by the company. Greenland Mines intends to use the net proceeds, together with existing cash and cash equivalents, to fund the acquisition of the Sarfartoq Nd-Pr Rare Earth Element Project, working capital and other general corporate purposes. The offering is subject to market and other conditions, with no assurance regarding its completion, size or terms. A.G.P./Alliance Global Partners is acting as sole placement agent.

Issued on behalf of Greenland Mines Ltd.

Equity Insider News Commentary   Charlotte, NC – August 25, 2026 –  There is a line in a rare earth project’s life where the conversation changes, and it is not the discovery. It is the moment part of the deposit crosses from Inferred into Indicated under a standard a regulator recognizes, because under SK 1300, […]

Issued on behalf of Greenland Mines Ltd.

Greenland Mines (NASDAQ: GRML), a Western-aligned critical minerals developer, released an independent Initial Assessment (“IA”) for its Sarfartoq Nd-Pr Rare Earth Element Project in southwest Greenland, outlining a high-case pre-tax net present value of up to approximately $2.05 billion at an 8% real discount rate and an internal rate of return of 118.6%, including Indicated and Inferred Mineral Resources. The high case estimates a pre-tax NPV of up to $1.49 billion and an IRR of 92.7% when Inferred Mineral Resources are excluded. The assessment outlines a nine-year mine life processing 12.2 million tons at 1.4 million tons annually and states that, at 2025 consumption levels, planned Sarfartoq NdPr oxide production would represent approximately 34% of NdPr oxide refined outside China during each scheduled operating year.

Maiden S-K 1300 economic study represents only the ST1 Nd-Pr rare earth deposit within the Sarfartoq REE carbonatite district

Greenland Mines (NASDAQ: GRML) announced an independently prepared S-K 1300 Technical Report Summary (“TRS”) for its Sarfartoq Nd-Pr Rare Earths Project in southwest Greenland, marking the first time the project has reported a portion of its resource in the Indicated Mineral Resource category under an SEC-recognized reporting standard. The report, prepared by Tetra Tech Canada Inc. and GeoSim Services Inc. with an effective date of July 31, 2026, also provides Sarfartoq’s first combined open pit and underground resource estimate. Under the hybrid scenario, which Greenland Mines considers the most representative view of the project’s development potential, Sarfartoq contains an Indicated Mineral Resource of 6.9 million tonnes grading 1.60% total rare earth oxides (“TREO”) and an Inferred Mineral Resource of 5.3 million tonnes grading 0.96% TREO, totaling approximately 12.2 million tonnes at 1.32% TREO. Mineral resources are not mineral reserves and do not have demonstrated economic viability.

Independent Tetra Tech and GeoSim Technical Report Summary confirms high-grade resource enriched in the most valuable magnet rare earths — Nd, Pr, Dy and Tb — positioning Sarfartoq as a potential cornerstone Western alternative to Chinese rare earth supplyNeodymium and praseodymium oxide already identified within this resource — approximately 40,700 tons contained in the Indicated and Inferred categories combined — is equivalent to roughly five years of all NdPr oxide refined outside China in 2025

Vancouver, BC, – August 11, 2026 – American News Group News Commentary – The platinum group metals have spent 2026 doing something they had not done in years: rising on structural scarcity rather than speculation. Palladium traded at roughly $1,378 an ounce on August 7, up about 12.6% over the previous month and 23.3% over […]

Greenland Mines (NASDAQ: GRML) announced that the Government of Greenland, through the Ministry of Business and Mineral Resources, has formally approved the indirect transfer of Mineral Exploration License MEL 2020-32 covering the Sarfartoq Carbonatite Complex from Neo Performance Materials Inc. to Greenland Mines. The approval satisfies a key regulatory closing condition for the company’s previously announced acquisition of the Sarfartoq Neodymium-Praseodymium (“Nd-Pr”) Rare Earths Project. Sarfartoq has a historic NI 43-101 Mineral Resource Estimate and Preliminary Economic Assessment and is supported by more than 15 years of exploration work, over 23,000 meters of drilling, extensive metallurgical test work and environmental baseline studies. The project, together with Greenland Mines’ flagship Skaergaard palladium-gold-platinum project, forms the foundation of the company’s North Atlantic Critical Metals Corridor strategy.

Regulatory approval satisfies a key closing condition for the acquisition of the Sarfartoq Nd-Pr Rare Earths Project

Greenland Mines (NASDAQ: GRML) was featured in an American News Group commentary examining the need for Western-aligned critical minerals supply chains spanning mining, processing, logistics and downstream markets. The article highlights Greenland Mines’ development-stage North Atlantic Critical Metals Corridor strategy, which seeks to connect Greenland resource assets with processing, logistics, offtake and end markets in Europe and North America. It also discusses the company’s Skaergaard palladium-gold-platinum project and its planned acquisition of the Sarfartoq neodymium-praseodymium rare-earths project, which remains subject to closing and government approval.

Issued on behalf of Greenland Mines Ltd.

News Provided by USA News Group on behalf of Greenland Mines Ltd.

Greenland Mines (NASDAQ: GRML) completed its 2026 bathymetric survey campaign at the Skaergaard Project in southeast Greenland, covering more area than originally planned and producing high-resolution seabed data across the fjords surrounding the project. The data has already been used to guide the company support vessel to a new anchorage within 500 meters of the initial 2026 operational area and is expected to support new official navigational charts, a dedicated navigational safety study and planning for future large-scale marine shipping operations.

Survey vessel M/V Byr returns safely to Iceland having covered more area with water depth data (bathymetry) than originally planned

News Provided by Energy Metal News on behalf of Greenland Mines Ltd

Greenland Mines (NASDAQ: GRML) announced that drilling has commenced at its Skaergaard gold, palladium and platinum project in southeast Greenland following the arrival of its support vessel Argus and successful mobilization of equipment and infrastructure ashore. Diamond drill rigs supplied and operated by Nordisk Fundering, including two new heli-portable units, have been assembled and are operating, with the first holes expected to be completed within days. Initial LiDAR drone surveys have also been completed, approximately one-third of planned drill locations have been identified and marked and the Sødalen airstrip has been confirmed operational.

Issued on behalf of Greenland Mines Ltd

Support vessel Argus anchored on site following smooth Denmark Strait crossing

Greenland Mines (NASDAQ: GRML) is pursuing a diversified critical minerals strategy focused on Greenland as demand for resources essential to electric vehicles, renewable energy, semiconductors, advanced computing and defense technologies continues to grow. The company aims to build a portfolio of projects spanning multiple strategically important commodities rather than relying on a single mineral, while also pursuing acquisitions and partnerships to expand its position. A recent article highlights Greenland’s substantial geological potential and growing international attention as governments seek more secure and diversified mineral supply chains. Greenland Mines plans to advance prospective assets through exploration and geological evaluation while emphasizing responsible resource development.

Argus, a support vessel loaded with drill rigs, just sailed out of Reykjavik, and it is carrying more than equipment. The ship is carrying the opening move of Greenland Mines’ (NASDAQ: GRML) most ambitious field season yet at its Skaergaard project, part of a broader push into the critical minerals the modern economy cannot function without.

A company can rarely reinvent itself overnight, but Greenland Mines (NASDAQ: GRML), has come close. What started the year as a biotech firm has become a two-division mining company in the span of a few months, and its acquisition activity since then shows no sign of slowing.

Greenland Mines (NASDAQ: GRML) announced the start of its 2026 field season at the Skaergaard Project as its support vessel, Argus, departed Reykjavik, Iceland, for southeast Greenland carrying drill rigs, geophysical equipment, drone survey systems, bulk-sampling machinery, fuel and other exploration infrastructure. The initial field team includes more than 40 technical experts, drillers and logistics personnel, with additional specialists scheduled to rotate in throughout the season. The program encompasses resource drilling, bulk sampling, environmental baseline studies, geotechnical and engineering work, and advanced aerial and ground-based surveys designed to support a resource upgrade and advance the project toward its next development phase, including evaluation of a potential initial open-pit mining scenario alongside existing underground mining concepts.