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Form 8-K Greenland Mines Ltd For: Jun 15

June 22, 2026 12:02 PM EDT
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): June 15, 2026

 

Greenland Mines Ltd.

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction of incorporation)

 

001-41340   86-2727441
(Commission File Number)  

(IRS Employer

Identification No.)

 

1300 South Boulevard, Suite D
Charlotte, NC 28203

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code (833) 931-6330

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which Registered
Common Stock   GRML   The Nasdaq Stock Market LLC
Warrants   GRMLW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement

 

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.

 

On June 22, 2026, pursuant to the Agreement, the Company issued 12,400,000 shares of its common stock (the “Exchange Shares”) to AnorTech in exchange for the AnorTech shares.

 

The Agreement also grants the Company an option, exercisable for six months following closing, to acquire up to an additional 25,168,669 common shares of AnorTech at a price per share equal to the greater of: (i) CAD$0.30, and (ii) the last closing price of AnorTech common stock on the TSXV prior to the exercise of the option. If exercised, the option exercise price will be satisfied through the issuance of additional shares of the Company’s common stock, valued based on the volume weighted average trading price of the Company’s common stock immediately prior to the closing of such exercise.

 

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

 

Item 3.02 Unregistered Sales of Equity Securities

 

The disclosure set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference. On June 22, 2026, the Company issued 12,400,000 shares of its common stock to AnorTech pursuant to the Agreement. The shares were issued in reliance upon the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, and/or Rule 506 of Regulation D promulgated thereunder. The shares were issued without general solicitation or advertising.

 

Item 9.01 Financial Statements and Exhibits.

  

Exhibits   Description
10.1   Securities Exchange Agreement
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: June 22, 2026 GREENLAND MINES LTD.
     
  By: /s/ Joseph Sinkule
  Name:  Joseph Sinkule
  Title: Chief Executive Officer

 

2

 

ATTACHMENTS / EXHIBITS

SECURITIES EXCHANGE AGREEMENT

XBRL SCHEMA FILE

XBRL DEFINITION FILE

XBRL LABEL FILE

XBRL PRESENTATION FILE

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IDEA: FilingSummary.xml

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