QualityStocksNewsBreaks – Greenland Mines Ltd (NASDAQ: GRML) Raises More Than $42 Million, Completes Sarfartoq Field Program
Greenland Mines (NASDAQ: GRML) raised more than $42 million from existing investors through a registered direct offering of common stock and pre-funded warrants and the exercise of previously issued private warrants. The company said the financing provides the capital it believes is required to execute planned exploration and development programs and achieve targeted 2027 milestones across its Greenland portfolio. All pre-funded warrants issued in the registered direct offering have been exercised and Greenland Mines has terminated its at-the-market offering facility. Greenland Mines also completed its 2026 geological and structural field program at the Sarfartoq Neodymium-Praseodymium (“NdPr”) Rare Earth Project in…