Here are the 424B prospectus supplements from Greenland Mines Ltd. (GRML) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow GRML and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GRML filings page.
Greenland Mines Ltd. is offering 1,320,000 shares of common stock at $13.00 per share in a registered direct offering. The company estimates net proceeds of approximately $17.2 million after estimated offering expenses and intends to use them for development of its Greenland mining operations, with the balance for general corporate and working-capital purposes. The offering is on a best-efforts basis, with no minimum amount required to close, so actual proceeds may be substantially lower.
There is no escrow arrangement, and proceeds from share sales are available for immediate use; investors will not receive a refund if the offering does not raise enough to pursue the stated business goals. The prospectus estimates $11.02 per share of dilution for new investors, based on a $13.00 offering price and pro forma net tangible book value of $1.98 per share as of June 30, 2026. Separately, Greenland Mines acquired the Sarfartoq rare-earth project from Neo North Star Resources, Inc. on September 1, 2026, in exchange for $15 million, 1,040,676 common shares and 359,324 Series R preferred shares.
Greenland Mines Ltd. is offering 1,765,420 common shares and pre-funded warrants to purchase up to 1,434,580 common shares, with warrants available to certain investors in lieu of common shares. Common shares are priced at $12.00 each. The pre-funded warrants are immediately exercisable, do not expire and have a 4.99% beneficial-ownership limit, or 9.99% at the purchaser’s election. The limit may be changed to another percentage not above 9.99% on at least 61 days’ prior notice. The warrants have no established trading market, and Greenland Mines does not intend to list them.
The best-efforts offering has no minimum closing amount and may be terminated by Greenland Mines at any time; otherwise, it ends September 25, 2026, unless completed sooner. The company intends to use up to $40 million of net proceeds for Greenland mining development, with the balance for general corporate and working capital purposes. A one-for-fifty reverse stock split became effective August 24, 2026, and the supplement’s share figures reflect the adjustment. Greenland Mines also acquired the Sarfartoq rare-earth project from Neo North Star Resources, Inc. on September 1, 2026, in exchange for $15 million, 1,040,676 newly issued common shares and 359,324 newly issued Series R preferred shares.
Greenland Mines Ltd (GRML) suspended its Sales Agreement and terminated its continuous offering of up to $50,000,000 in common shares, effective September 23, 2026. No further shares will be sold under the ATM prospectus supplement after that date. Sales under the agreement may occur again only if a new prospectus supplement is filed and the agreement remains in full force and effect.
As of September 23, 2026, $1,388,827.04 of common shares had been sold under the Sales Agreement. The last reported sale price was $14.15 per share on September 22, 2026.
Greenland Mines Ltd (GRML) is conducting a best-efforts primary offering of up to 4,000,000 shares of common stock and/or Pre-Funded Warrants at a public offering price of $5.00 per share and $4.9999 per Pre-Funded Warrant, for maximum gross proceeds of $20 million and estimated net proceeds of $18.6 million before expenses if fully sold. The company intends to use up to $18 million of the net proceeds, together with existing cash, to complete the acquisition of mineral rights for the Sarfartoq project under its merger agreement with Neo North Star Resources, with any remainder for working capital.
Each Pre-Funded Warrant is exercisable immediately for one share at an exercise price of $0.0001, does not expire, and includes a beneficial ownership cap of 4.99% (or 9.99% at the holder’s election). There is no minimum offering amount or escrow, so fewer than all securities may be sold and proceeds will be available for immediate use. Following the offering, assuming all Pre-Funded Warrants are exercised, common shares outstanding would be 7,177,013, up from 3,177,013 as of June 30, 2026. Effective August 24, 2026, the company implemented a 1-for-50 reverse stock split, and it also has a separate $50 million ATM program in place.
Greenland Mines Ltd (GRML) is conducting a primary best‑efforts offering of common stock and/or non‑expiring Pre‑Funded Warrants, with A.G.P./Alliance Global Partners acting as sole placement agent and no minimum amount required to close. The warrants are priced just below the share price and carry a de minimis $0.0001 exercise price, with 4.99% or 9.99% beneficial ownership caps.
The company intends to use net proceeds, together with existing cash, to fund up to $20 million of the cash portion of its $35 million acquisition of Neo North Star Resources’ Sarfartoq mineral rights and for working capital. GRML recently completed a 1‑for‑50 reverse stock split and has an at‑the‑market program of up to $50 million. As of August 24, 2026, it had 3,177,013 common shares outstanding, plus significant warrants, options and convertible preferred shares that could add substantial future dilution, and it remains subject to Nasdaq minimum bid‑price compliance risk.
Greenland Mines Ltd (GRML) has launched an “at the market” equity program to sell up to $50,000,000 of common stock through A.G.P./Alliance Global Partners as sales agent or principal under an effective shelf registration.
Shares of GRML last traded at $10.14 on Nasdaq on August 21, 2026. The company has 3,177,013 shares outstanding as of August 14, 2026 and projects up to 8,107,979 shares outstanding if the full program is sold at $10.14, which would be dilutive to new investors as detailed in the dilution analysis.
Greenland Mines operates a dual business: an 80% interest in the Skaergaard mining project in Greenland with 11.4 Moz PdEq Indicated and 14.1 Moz PdEq Inferred resources, and a biotech division developing α-Klotho-based gene therapies. It has also agreed to acquire Neo North Star Resources for $35,000,000, consisting of $20,000,000 in cash and $15,000,000 in stock, subject to regulatory approvals. Net proceeds from the ATM are intended for working capital and general corporate purposes.
Greenland Mines Ltd registers up to 15,000,000 shares of Common Stock for resale by selling shareholders under a shelf prospectus supplement dated June 22, 2026. The prospectus states the company will not receive proceeds from sales by the selling shareholders and will pay certain offering expenses.
The registration covers shares sold in a private placement that closed on June 18, 2026. The prospectus lists selling stockholders and describes permitted sale methods, including block trades, broker-dealer transactions, short sales (with the effectiveness qualifier), hedging and pledge-related resales. The last reported sale price was $0.31 per share on June 15, 2026.