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.
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.
Positive
- 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
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.
Key Figures
- 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
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Acquired Greenland Mines Corp., securing Skaergaard critical minerals project control.
-
Announced development of genomics-based aging diagnostics using AI and epigenetics.
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Received 18 Australian patent claims for human secreted Klotho protein uses.
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Announced CEO presentation and meetings at Biotech Showcase 2026 conference.
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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.
Company to hold investor webcast on March 12, 2026 at 4:15PM ET to discuss its expanded focus on critical minerals development in
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
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:
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
Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the
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
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SOURCE Klotho Neurosciences, Inc.
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