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Klotho Neurosciences Announces Rebranding to Greenland Mines Ltd and Change of Nasdaq Ticker Symbol to GRML Effective March 12, 2026

Klotho Neurosciences (Nasdaq: KLTO) will rebrand as Greenland Mines Ltd and change its Nasdaq ticker to GRML effective at market open on March 12, 2026.

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Rhea-AI Summary

Klotho Neurosciences (Nasdaq: KLTO) will rebrand as Greenland Mines Ltd and change its Nasdaq ticker to GRML effective at market open on March 12, 2026.

The move follows the company's acquisition of Greenland Mines Corp. and control of the Skaergaard Project in Southeast Greenland, described as one of the world’s largest undeveloped palladium, gold and platinum deposits. No shareholder action is required; brokerage positions will update automatically. An investor webcast will be held March 12, 2026 at 4:15 PM ET to discuss the strategic rationale and shareholder benefits.

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  • Corporate name change to Greenland Mines Ltd effective March 12, 2026
  • Nasdaq ticker changing from KLTO to GRML at market open on March 12, 2026
  • Acquisition grants control of the Skaergaard Project in Southeast Greenland, noted as a major undeveloped palladium, gold, and platinum deposit
  • Investor webcast scheduled March 12, 2026 at 4:15 PM ET to explain strategic rationale
Argus Mar 9 session
+2.73% close to close Open Argus
Details

News Market Reaction – KLTO

On Mar 9, the day this news came out, KLTO closed 2.73% above the previous close.

Data tracked by StockTitan Argus for the Mar 9 session.

Market Context

This announcement formalized KLTO’s transition to Greenland Mines Ltd and the Nasdaq ticker GRML, al...
Analysis

This announcement formalized KLTO’s transition to Greenland Mines Ltd and the Nasdaq ticker GRML, aligning branding with its expanded focus on the Skaergaard critical minerals project, previously estimated at about $68 billion in in-situ metals. Recent history shows significant financings, registered resale capacity, and a going-concern warning in the Q3 2025 10-Q. Investors may track how the webcast on March 12, 2026 addresses integration plans, capital needs, and the future of legacy biotech programs.

Key Figures

In-situ resource value: $68 billion Total resource tonnage: 364.37 million tons Total PdEq resource: 25.4 Moz PdEq +5 more
In-situ resource value
$68 billion
Estimated palladium, gold, platinum resource at Skaergaard Project (2022 NI 43-101)
Total resource tonnage
364.37 million tons
Reported Skaergaard Project resource at 2.17 g/t PdEq
Total PdEq resource
25.4 Moz PdEq
Total palladium-equivalent resource at Skaergaard Project
Q3 2025 net loss
$2,895,585
Quarter ended September 30, 2025 (10-Q filing)
Cash and equivalents
$7,348,034
Balance at September 30, 2025 per Q3 2025 10-Q
ATM program size
$50,000,000
At-the-market program established in 2025 (10-Q filing)
Private placement shares
34,551,939 shares at $0.2243
Securities Purchase Agreement disclosed in 8-K dated February 23, 2026
Registered resale shares
75,103,879 shares
Common stock registered for resale under 424B3 on February 24, 2026

Historical Context

5 past events · Latest: Mar 04
5 events
  1. Mar 04

    Major acquisition

    24h Move
    -23.4%

    Acquired Greenland Mines Corp., securing Skaergaard critical minerals project control.

  2. Feb 24

    AI diagnostics launch

    24h Move
    -12.5%

    Announced development of genomics-based aging diagnostics using AI and epigenetics.

  3. Feb 18

    IP/patent grant

    24h Move
    +9.3%

    Received 18 Australian patent claims for human secreted Klotho protein uses.

  4. Jan 08

    Conference presentation

    24h Move
    +1.2%

    Announced CEO presentation and meetings at Biotech Showcase 2026 conference.

  5. Nov 07

    Industry award

    24h Move
    -3.2%

    Won 2025 BioTech Breakthrough award for cell therapy innovation efforts.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Company to hold investor webcast on March 12, 2026 at 4:15PM ET to discuss its expanded focus on critical minerals development in Greenland

CHARLOTTE, N.C., March 9, 2026 /PRNewswire/ -- Klotho Neurosciences, Inc. (Nasdaq: KLTO) ("Klotho" or the "Company") today announces that it is changing its corporate name to Greenland Mines Ltd and its stock ticker to "GRML" effective at market open on Thursday, March 12, 2026. No action will be required by existing shareholders — shares held in brokerage accounts will be automatically updated to reflect the new symbol.

The rebranding and ticker change reflect the Company's  strategic expansion into natural resources following the recently announced acquisition of Greenland Mines Corp. and control of the Skaergaard Project in Southeast Greenland, one of the world's largest undeveloped palladium, gold and platinum deposits.

The Company will hold an investor webcast on Thursday, March 12, 2026 at 4:15PM ET to discuss the strategic rationale of its recent acquisition and benefits for shareholders.

Investor Update Participation Details:

Date: Thursday March 12, 2026
Time: 4:15 PM ET
Participant Dial-In: USA/Canada (toll-free) 1-877-270-2148; International 1-412-902-6510.  Participants should request to join the Klotho Neurosciences call.
Webcast URL:
https://event.choruscall.com/mediaframe/webcast.html?webcastid=q7dUp2aG

For those interested in asking a question, they can be submitted ahead of the call to be addressed during a Q&A session.  Management requests all questions be submitted to ir@klothoneuro.com by 4:00PM ET on March 11, 2026.

About Greenland Mines Ltd
Klotho Neurosciences, Inc. is a Nasdaq-listed company with two operating divisions: (1) Natural Resources, focused on the exploration and development of the Skaergaard Project in Southeast Greenland, one of the largest undeveloped palladium, gold, and platinum deposits in the world; and 2) Cell and Gene Therapy, including Klotho's KLTO-202 primary indication for ALS. The Company holds, through its acquisition of Greenland Mines Corp., an 80% interest in, and option to acquire the remaining 20% of, the Skaergaard Project, which hosts a 2022 NI 43-101 Indicated and Inferred Mineral Resource of 25.4 Moz PdEq and 23.5 Moz AuEq with a gross undiscounted in-situ resource value of approximately $68 billion based on February 2026 metal prices. The Company is led by an experienced team of mining, geological, biotech, and capital markets professionals.

Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Without limiting the generality of the foregoing, the forward-looking statements in this press release include descriptions of the Company's future commercial operations. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, such as the Company's inability to implement its business plans, identify and realize additional opportunities, or meet or exceed its financial projections and changes in the regulatory or competitive environment in which the Company operates. You should carefully consider the foregoing factors and the other risks and uncertainties described in the documents filed or to be filed by the Company with the U.S. Securities and Exchange Commission (the "SEC") from time to time, which could cause actual events and results to differ materially from those contained in the forward-looking statements. All information provided herein is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

The Mineral Resource Estimates referenced in this press release were prepared in accordance with NI 43-101 by SLR Consulting as disclosed in the technical report dated November 22, 2022. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. The gross undiscounted in-situ metal values expressed herein are illustrative calculations using February 2026 metal prices and do not account for mining recoveries, metallurgical losses, capital costs, operating costs, royalties, taxes, permitting requirements, or any other technical or economic factors. These values are not indicative of future revenue, project economics or net present value. No preliminary economic assessment, pre-feasibility study, or feasibility study has been completed on the Skaergaard Project, and there is no certainty that the Mineral Resources disclosed will be converted to Mineral Reserves or that an economically viable mining operation can be established.

Investor Contact and Corporate Communications:
ir@klothoneuro.com

Website: www.klothoneuro.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/klotho-neurosciences-announces-rebranding-to-greenland-mines-ltd-and-change-of-nasdaq-ticker-symbol-to-grml-effective-march-12-2026-302707360.html

SOURCE Klotho Neurosciences, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does Klotho Neurosciences change its name to Greenland Mines Ltd and ticker to GRML?

The name and ticker change take effect at market open on March 12, 2026. According to the company, shareholder accounts will be automatically updated and no action is required by holders.

What acquisition prompted KLTO's rebranding to Greenland Mines Ltd (GRML)?

The rebranding follows the acquisition of Greenland Mines Corp. and control of the Skaergaard Project. According to the company, Skaergaard is a large undeveloped palladium, gold and platinum deposit in Southeast Greenland.

How can investors join the Greenland Mines Ltd (GRML) investor webcast on March 12, 2026?

Investors can join the webcast on March 12, 2026 at 4:15 PM ET via the provided webcast URL or by dialing the listed participant numbers. According to the company, pre-submitted questions are accepted by March 11, 2026.

Do shareholders need to take action to receive the new GRML ticker on their brokerage accounts?

No shareholder action is required; accounts will update automatically to the new ticker at market open on March 12, 2026. According to the company, brokerage-held shares will reflect the change without intervention.

What will management discuss during the Klotho Neurosciences to Greenland Mines Ltd (GRML) investor call?

Management will discuss the strategic rationale for the acquisition and expected benefits for shareholders. According to the company, the webcast will cover the Greenland Mines Corp. acquisition and control of the Skaergaard Project.

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