Greenland Mines adopts one-year stockholder rights plan with 15% trigger

Greenland Mines Ltd

Dividend of one right per common share payable Aug 7, 2026 to holders of record on that date.
Rights become exercisable if a person or group acquires 15% or more of outstanding common shares.
Exercise price $0.75 per right; flip-in provision allows purchase of shares at 50% discount to market.
Plan expires July 22, 2027, unless earlier redeemed or exchanged; redemption price $0.0001 per right.
Existing 15% holders grandfathered but any increase of 0.20% or more triggers the rights.

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