Greenland Mines Ltd is suspending its continuous offering of up to $50,000,000 of common shares after $1,388,827.04 in sales. Investors will see no further sales under the current supplement, while future issuance requires a new prospectus supplement and the sales agreement remaining in force.

Key Highlights

  • Greenland Mines reported a last sale price of $14.15 per common share on September 22, 2026.
  • The common shares offered under the arrangement have a Par Value of $0.0001 per share.
  • A.G.P./Alliance Global Partners served as the sales agent for the offering.

The arrangement had generated $1,388,827.04 in sales before the suspension, and no additional shares will be sold under the current supplement.

$50,000,000 Offering Put on Hold

The share sale arrangement covered common stock with a par value of $0.0001 per share. A.G.P./Alliance Global Partners served as Greenland Mines (NASDAQ: GRML)’ sales agent under an agreement dated August 24, 2026. The offering was conducted under a prospectus dated July 28, 2025, together with a later supplement dated August 24, 2026. The suspension and termination of the continuous offering take effect on September 23, 2026.

Future Sales Require New Prospectus

The last reported sale price for Greenland Mines common shares was $14.15 on September 22, 2026. The company will not sell additional common shares under the sales agreement unless a new prospectus supplement is filed and the agreement remains in full force and effect. The current supplement therefore ends sales under the existing offering while setting the stated condition for any later issuance.