---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-059864"
form_type: "8-K"
ticker: "GRML"
cik: "0001907223"
company_name: "Greenland Mines Ltd"
filed_at: "2026-05-21T13:13:15+00:00"
generated_at: "2026-05-21T13:15:49.407250+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-059864
- form_type: 8-K
- ticker: GRML
- cik: 0001907223
- company_name: Greenland Mines Ltd
- filed_at: 2026-05-21T13:13:15+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1907223/000121390026059864/0001213900-26-059864-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1907223/000121390026059864/ea0291806-8k_greenland.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-059864
- JSON: https://secwatch.observer/filing/0001213900-26-059864.json
- Plain text: https://secwatch.observer/filing/0001213900-26-059864.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.