Here are the DEF 14A proxy statements 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 DEF 14A covers the proxy statement, with executive pay and the shareholder votes, 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 has called a virtual special meeting on July 16, 2026 to seek stockholder approval for several significant share actions. The main item asks approval, under Nasdaq Listing Rule 5635, for the potential issuance of up to 2,040,038,760 shares of common stock upon conversion of Series C Preferred Stock issued in the March 4, 2026 acquisition of Greenland Mines Corp., plus up to 34,551,939 shares upon exercise of five-year warrants from a February 19, 2026 private placement. Another proposal would amend the 2024 Equity Incentive Plan to increase the share reserve to 20,000,000 shares, which the company estimates could equal about 16% of common stock as of March 31, 2026 if fully available and granted. The proxy explains that conversion of all Series C Preferred Stock would represent about 94.4% of post-conversion common shares and that failure to approve the issuances could lead to Nasdaq delisting, repeated stockholder meetings, and higher costs. A third proposal would allow adjournment of the meeting to solicit additional proxies if needed.
Greenland Mines Ltd is asking stockholders to approve flexibility for one or more reverse stock splits of its common stock between 1-for-2 and up to an aggregate 1-for-60, plus the ability to adjourn the special meeting to solicit more votes if needed.
The board’s main goal is to help the share price meet Nasdaq’s $1.00 minimum bid requirement for continued listing on The Nasdaq Capital Market. A reverse split would reduce shares outstanding but keep each investor’s ownership percentage essentially the same, aside from rounding up fractional shares.
As of April 23, 2026, the record date, 121,238,660 common shares were outstanding and eligible to vote. The meeting will be held virtually on June 18, 2026, and default proxies will vote in favor of both proposals unless holders give different instructions.