Corporate ActionJun 17, 2026, 04:07 PM
Greenland Mines to Issue 15M Shares for $3.75M
AI Summary
Greenland Mines Ltd. has entered into a Securities Purchase Agreement with three investors to issue and sell 15,000,000 shares of its common stock. The transaction is expected to generate total proceeds of $3,750,000 for the company. The net proceeds are intended for working capital and general corporate purposes, with the closing anticipated on or before June 25, 2026.
Key Highlights
- Greenland Mines Ltd. entered a Securities Purchase Agreement on June 15, 2026.
- The company will issue and sell 15,000,000 shares of common stock.
- Total proceeds from the sale will be $3,750,000.
- The shares are being sold at a price of $0.25 per share.
- Net proceeds will be used for working capital and general corporate purposes.
- The closing of the agreement is expected on or before June 25, 2026.
Price Impact
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