Welcome to our dedicated page for Greenland Mines SEC filings (Ticker: GRML), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Greenland Mines Ltd. filings document the company's public-company status, Nasdaq-listed common stock and warrants, governance changes, reporting obligations, and corporate identity after its former name, Klotho Neurosciences, Inc.. Recent Form 8-K records include board composition matters and Nasdaq compliance disclosures, while Form 12b-25 records address timing for an annual report filing.
The filing record identifies Greenland Mines as a Delaware corporation and an emerging growth company. Its disclosures also provide formal context for the company's registered securities, corporate governance, reporting status, and material-event reporting as it operates across natural resources and cell and gene therapy activities.
Greenland Mines Ltd (GRML) filed an amended quarterly report for the three months ended March 31, 2026, reflecting a strategic pivot from pure biotech to a dual focus on biotechnology and mining. The company completed an asset acquisition of Greenland Mines Corp., recording $48.4 million of mineral rights and exploration licenses related to the Skaergaard Project in Greenland and issuing 47,940 Series C preferred shares as consideration.
The company remains pre-revenue and reported a widened net loss of $13.9 million versus $2.1 million a year earlier, driven by sharply higher general and administrative expenses, professional fees, $5.1 million of share-based compensation, a $2.0 million impairment of biotech-related intangible assets, and a $2.3 million increase in warrant liability fair value. Cash and cash equivalents were $10.0 million, supported by $7.75 million of private placement proceeds, but operating cash outflows were $5.0 million.
Management discloses an accumulated deficit of about $35.0 million and states there is substantial doubt about the company’s ability to continue as a going concern without additional financing. Nasdaq has granted an extension until September 14, 2026 to regain the $1.00 minimum bid price. Material weaknesses in internal control over financial reporting, including inadequate accounting resources and segregation of duties, remain unresolved. The amendment primarily revises disclosures around mineralization estimates and certain MD&A discussions in response to SEC staff comments.
Greenland Mines Ltd notified the SEC that it will file its Quarterly Report on Form 10-Q for the period ended June 30, 2026 after the prescribed deadline. The company cites the time required to complete final revisions and to coordinate preparation and inclusion of exhibits as reasons for the delay.
Greenland Mines indicates it is relying on Rule 12b-25, which allows it to file the delayed Form 10-Q within five calendar days after the original due date without being deemed late.
Greenland Mines Ltd. held a reconvened Special Meeting of Stockholders on August 7, 2026, following an earlier adjournment from July 16, 2026. Under authority previously granted in an approved adjournment proposal, the Chair adjourned this reconvened meeting again, without conducting any additional business or taking any vote.
The Special Meeting is now scheduled for September 3, 2026 at 1:00 p.m. Eastern Time, and will be held virtually. The record date remains May 18, 2026, meaning stockholders of record on that date are entitled to participate. The company also provided online and telephone access details for the virtual meeting.
Greenland Mines Ltd director Jason David Sawyer purchased 240,000 shares of Common Stock on July 22, 2026 at $0.2331 per share in an open-market or private transaction. After this purchase, he holds 240,000 shares directly. The Rule 10b5-1 checkbox was left unchecked, so the trade was not affirmed as made under a trading plan.
Greenland Mines Ltd adopted a limited-duration stockholder rights plan and declared a dividend of one Right for each outstanding common share. Stockholders of record at the close of business on August 7, 2026 will receive one Right, which initially trades together with the common shares and is not exercisable.
Each Right, once exercisable, allows purchase of one common share at an exercise price of $0.75, subject to anti-dilution adjustments, and generally becomes exercisable if any person or group acquires beneficial ownership of 15% or more of the outstanding common shares, including certain derivative-based positions. Upon such a trigger, Rights (other than those held by the acquiring person) let holders buy shares with a fair market value of about twice the exercise price, effectively a 50% discount, or receive similar value in shares of a successor in certain business combinations. The Board may redeem all Rights at $0.0001 per Right before any person becomes an Acquiring Person, or exchange each Right for one common share after a trigger but before any holder reaches 50% ownership. The plan is effective July 22, 2026 and will expire on July 22, 2027, or at the 2027 annual meeting if stockholders do not approve it.
Greenland Mines Ltd. held a special meeting of stockholders on July 16, 2026, where stockholders voted on an Adjournment Proposal to approve adjournment of the meeting to a later date if necessary or appropriate. The proposal required approval by a majority of the voting power of the outstanding common shares present in person or by proxy.
On the May 18, 2026 record date, there were 121,238,660 shares of common stock issued and outstanding. On the Adjournment Proposal, votes cast were 41,538,066 For, 765,222 Against, 655,905 Abstain and 0 broker non-votes, and the proposal was approved. The special meeting was then adjourned to August 7, 2026 at 1:00 p.m. Eastern Time, with no vote taken on Proposal 1 or Proposal 2, which are expected to be considered when the meeting reconvenes.
Greenland Mines Ltd has completed a S-K 1300-compliant Technical Report Summary for its Skaergaard precious and critical metals project in southeast Greenland, prepared by independent consultant SLR Consulting. The report includes a 2026 Mineral Resource Estimate that the company states confirms Skaergaard as one of the largest undeveloped palladium, gold and platinum resources in the western world.
The 2026 estimate shows a higher-quality resource versus the November 2022 NI 43-101 baseline. Total Indicated Mineral Resources now stand at 153.6 Mt grading 3.04 g/t PdEq, for 15.00 Moz PdEq, compared with 158.95 Mt at 2.23 g/t and 11.41 Moz previously. Inferred resources are 177.5 Mt at 3.07 g/t PdEq, containing 17.49 Moz PdEq, up from 205.42 Mt at 2.14 g/t and 14.11 Moz.
The upgrade is attributed to a more robust geological model that removes low-grade dilution and to updated metal prices, including gold at US$3,500/oz, yielding a smaller but higher-grade inventory with stronger net smelter return per ton. The S-K 1300 conversion provides the regulatory foundation for an Initial Assessment that will evaluate open-pit and underground mining scenarios, supported by a 2026 field program of drilling, bulk sampling, geotechnical, engineering and environmental work.
Greenland Mines Ltd director Jon McGarity reported purchasing 140,000 shares of Common Stock on 2026-07-20 at $0.1773 per share in an open-market or private transaction. After this buy, he directly holds 551,277 shares of Greenland Mines Ltd Common Stock.
Greenland Mines Ltd Chief Financial Officer Jeff LeBlanc purchased a total of 1,400,000 shares of common stock at an average price of $0.1752 per share in open-market or private transactions on July 16–17, 2026, increasing his direct holdings to 4,820,342 shares.