Greenland Mines acquires 9.9% stake in AnorTech via share exchange, with option for additional shares

Greenland Mines Ltd

Greenland Mines issued 12,400,000 common shares to AnorTech in exchange for 19,958,503 AnorTech shares (9.9% post-closing).
Granted 6-month option to acquire up to 25,168,669 additional AnorTech shares at CAD$0.30 or last closing price, payable in GRML shares.
Lock-up: halves of GRML shares restricted for 12 and 24 months; AnorTech shares restricted for 60 months.
Closing occurred June 22, 2026; shares issued under Section 4(a)(2)/Reg D, subject to TSXV conditional acceptance.

item 1.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Greenland Mines Ltd entered into Share Exchange Agreement with AnorTech Inc. (effective 2026-06-15).

Action: entry
Agreement: equity purchase
Counterparty: AnorTech Inc.
Effective: 2026-06-15

Exact text from the filing

On June 15, 2026, Greenland Mines Ltd. (the “Company”) entered into a Share Exchange Agreement (the “Agreement”) with AnorTech Inc. (“AnorTech”), a TSXV traded company, pursuant to which the Company agreed to acquire 19,958,503 common shares of AnorTech, representing approximately 9.9% of AnorTech’s issued and outstanding common shares on a post-closing basis.

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Source: SEC EDGAR

accession 0001213900-26-070477

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