Greenland Mines (GRML) Ties Together Rare Earths, Advanced Materials in Single Share Exchange

Greenland Mines (GRML) Ties Together Rare Earths, Advanced Materials in Single Share Exchange

Greenland Mines issued more than 12 million common shares to AnorTech, valued at approximately $3.5 million at closing. Anorthosite is a rock type abundant in Greenland and on the moon, and AnorTech is developing proprietary processes to extract high-value materials from it. The transaction moves Greenland closer to the midstream segment of the critical materials value chain. LOS ANGELES, CA - July 20, 2026 (NEWMEDIAWIRE) - Two companies with de…

Greenland Mines Acquires Stake in AnorTech, Moves into Critical Materials Processing

Greenland Mines (NASDAQ: GRML) has completed a strategic share exchange with AnorTech Inc., marking the company’s first foray into midstream critical materials processing. The deal, which closed at the end of June, involved Greenland Mines issuing 12.4 million of its common shares to AnorTech, valued at approximately $3.5 million at closing. In return, Greenland received an unspecified interest in AnorTech, which is developing proprietary proces…