Greenland Mines Ltd. entered into a securities purchase agreement on September 28, 2026, to sell 1,320,000 shares of common stock in a direct registered offering expected to generate approximately $17.2 million in net proceeds after expenses. The transaction is scheduled to close around September 29, 2026, with funds allocated for Greenland mining operations and working capital. Concurrently, the company terminated its At-the-Market (ATM) sales agreement with A.G.P./Alliance Global Partners as of right; this program had previously resulted in the sale of $1,388,827.04 worth of shares. The company operates in the mining industry, specifically focusing on mineral exploration and development in Greenland.
