Greenland Mines enters agreement to acquire Neo North Star for $35M in cash and stock

Greenland Mines Ltd

Total consideration of $35M: $20M cash and $15M in newly issued GRML shares valued at 20-day VWAP.
Neo North Star holds mineral rights in Greenland; closing subject to Greenland government approval under Mineral Activities Act.
AnorTech Inc. receives 5% of Purchase Price ($1M cash + $750k stock) per License Purchase Agreement.
Shenandoah Partners holds warrant for up to 106,122 Neo shares; must exercise before closing or warrant terminates.

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