Greenland Mines Ltd (GRML): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

US President Trump announced a security agreement with Denmark and Greenland, claiming permanent US control over Greenland's security. Three US-listed companies with projects in Greenland saw after-hours stock surges: Greenland Energy (GLND.US) +119%, Greenland Mines (GRML.US) +58%, and Critical Metals (CRML.US) +20%.

Greenland Mines Ltd (GRML) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Item 1.01 – Entry into Material Agreement On September 1, 2026, Greenland Mines Ltd, a Delaware corporation (the “Company”) entered into an Amendment to the Agreement and Plan of Merger (this “Amendment”) dated as of May 20, 2026 by and among Company, Greenland Rare Earths Corp.,

Greenland Mines (GRML) reported progress on its Sarfartoq and Skaergaard projects. Sarfartoq's acquisition closed, with an initial assessment showing a high-case pre-tax NPV of $2.05B. Skaergaard saw increased PdEq grades and ounces. Neo Performance Materials holds offtake rights for up to 60% of Sarfartoq production. The company aims to advance both projects in 2026.

Greenland Mines (GRML) expects to complete its acquisition of Neo North Star Resources, owner of the Sarfartoq Rare Earths Project, before Sept. 1, 2026. The deal, valued at $35 million, includes a $20 million cash portion and $15 million in stock. The company plans to advance the project with drilling, test work, and studies. An independent assessment estimated a high-case pre-tax NPV of $2.05 billion and an IRR of 118.6%.

Greenland Mines Ltd (GRML) expects to complete its $35M acquisition of Neo North Star Resources, owner of the Sarfartoq rare earth project, by Sept. 1, 2026. The deal includes $20M in cash and $15M in stock, with Neo Performance Materials (NEO) as a strategic shareholder. The project has an estimated pre-tax NPV of $2.05B and IRR of 118.6%.

Greenland Mines Ltd (GRML) expects to complete its $35M acquisition of Neo North Star Resources, owner of the Sarfartoq Nd-Pr Rare Earths Project, by Sept. 1, 2026. The company secured approval from the Government of Greenland and completed a public offering for the $20M cash component. Neo Performance Materials (NEO) will become a strategic shareholder and retain offtake rights. The acquisition is valued at $35M, including $15M in stock. The Sarfartoq Project has an estimated pre-tax NPV of $2.