{"id":88639,"date":"2026-05-21T16:05:11","date_gmt":"2026-05-21T16:05:11","guid":{"rendered":"https:\/\/www.europesays.com\/dk\/88639\/"},"modified":"2026-05-21T16:05:11","modified_gmt":"2026-05-21T16:05:11","slug":"greenland-mines-to-acquire-neo-north-star-for-35m","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/dk\/88639\/","title":{"rendered":"Greenland Mines to acquire Neo North Star for $35M"},"content":{"rendered":"<p>  false<br \/>\n  0001907223<\/p>\n<p>        0001907223<\/p>\n<p>        2026-05-20<br \/>\n        2026-05-20<\/p>\n<p>        0001907223<\/p>\n<p>          us-gaap:CommonStockMember<\/p>\n<p>        2026-05-20<br \/>\n        2026-05-20<\/p>\n<p>        0001907223<\/p>\n<p>          GRML:WarrantsMember<\/p>\n<p>        2026-05-20<br \/>\n        2026-05-20<\/p>\n<p>      iso4217:USD<\/p>\n<p>      xbrli:shares<\/p>\n<p>          iso4217:USD<\/p>\n<p>          xbrli:shares<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">UNITED<br \/>\nSTATES<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">SECURITIES<br \/>\nAND EXCHANGE COMMISSION<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">Washington,<br \/>\nD.C. 20549<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">FORM\u00a08-K<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">CURRENT<br \/>\nREPORT<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">PURSUANT<br \/>\nTO SECTION 13 OR 15(d) OF THE<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">SECURITIES<br \/>\nEXCHANGE ACT OF 1934<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">Date<br \/>\nof Report (Date of earliest event reported): May 20, 2026<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">Greenland<br \/>\nMines Ltd<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">(Exact<br \/>\nname of registrant as specified in its charter)<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">Delaware<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">(State<br \/>\nor other jurisdiction of incorporation)<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p>    001-41340<br \/>\n    \u00a0<br \/>\n    86-2727441<\/p>\n<p>    (Commission<br \/>\n    File Number)<br \/>\n    \u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">(IRS<br \/>\n    Employer<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">Identification<br \/>\n    No.)<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">1300<br \/>\nSouth Boulevard, Suite D<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">Charlotte,<br \/>\nNC 28203<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">(Address<br \/>\nof principal executive offices) (Zip Code)<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">Registrant\u2019s<br \/>\ntelephone number, including area code (833) 931-6330<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">(Former<br \/>\nname or former address, if changed since last report)<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">Check<br \/>\nthe appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under<br \/>\nany of the following provisions:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">\u00a0<\/p>\n<p>    \u2610<br \/>\n    Written communications<br \/>\n    pursuant to\u00a0Rule 425\u00a0under the\u00a0Securities Act\u00a0(17 CFR 230.425)<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>    \u2610<br \/>\n    Soliciting material pursuant<br \/>\n    to\u00a0Rule 14a-12\u00a0under the\u00a0Exchange Act\u00a0(17 CFR 240.14a-12)<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>    \u2610<br \/>\n    Pre-commencement communications<br \/>\n    pursuant to\u00a0Rule 14d-2(b) under the\u00a0Exchange Act\u00a0(17 CFR 240.14d-2(b))<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>    \u2610<br \/>\n    Pre-commencement communications<br \/>\n    pursuant to\u00a0Rule 13e-4(c) under the\u00a0Exchange Act\u00a0(17 CFR 240.13e-4(c))<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">Securities<br \/>\nregistered pursuant to Section 12(b) of the Act:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">\u00a0<\/p>\n<p>    Title<br \/>\n    of Each Class<br \/>\n    \u00a0<br \/>\n    Trading<br \/>\n    Symbol(s)<br \/>\n    \u00a0<br \/>\n    Name<br \/>\n    of Each Exchange on Which Registered<\/p>\n<p>    Common Stock<br \/>\n    \u00a0<br \/>\n    GRML<br \/>\n    \u00a0<br \/>\n    The Nasdaq Stock<br \/>\n    Market LLC<\/p>\n<p>    Warrants<br \/>\n    \u00a0<br \/>\n    GRMLW<br \/>\n    \u00a0<br \/>\n    The Nasdaq Stock<br \/>\n    Market LLC<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">Indicate<br \/>\nby check mark whether the registrant is an emerging growth company as defined in\u00a0Rule 405\u00a0of the\u00a0Securities Act of 1933\u00a0(\u00a7230.405<br \/>\nof this chapter) or\u00a0Rule 12b-2\u00a0of the\u00a0Securities Exchange Act of 1934\u00a0(\u00a7240.12b-2 of this chapter).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right\">Emerging<br \/>\ngrowth company \u2612<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">If<br \/>\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for<br \/>\ncomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the\u00a0Exchange Act.\n<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Item<br \/>\n1.01 &#8211; Entry into Material Agreement<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">On<br \/>\nMay 20, 2026, Greenland Mines Ltd (the \u201cCompany\u201d) entered into an Agreement and Plan of Merger (the \u201cMerger Agreement\u201d)<br \/>\nwith Neo North Star Resources, Inc, a Delaware corporation (\u201cNeo North Star\u201d) and the stockholders of Neo North Star. Pursuant<br \/>\nto the terms of the Merger Agreement, at the closing, Neo North Star will merge into Greenland Rare Earths Corp., a Delaware corporation<br \/>\nand wholly owned subsidiary of the Company (\u201cMerger Sub\u201d), with Merger Sub being the surviving entity. Pursuant to the Merger<br \/>\nAgreement, as consideration for the Merger, at the closing, the stockholders of Neo North Star will receive a total of $35,000,000 payable<br \/>\nin the form of $20,000,000 in cash and $15,000,000 in newly issued shares of the Company\u2019s common stock to be valued at a price<br \/>\nper share equal to the volume-weighted average trading price of such shares for the twenty (20) trading days immediately preceding the<br \/>\ndate of execution of the Merger Agreement. The Merger Agreement contains customary representations and warranties of the parties.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">The<br \/>\nclosing of the Merger Agreement is subject to customary closing and is also subject to the approval from the government of<br \/>\nGreenland under section 69 of the Greenland Mineral Activities Act to the indirect transfer of the mineral rights currently held by<br \/>\nNeo North Star.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">The<br \/>\nforegoing description of the Merger Agreement does not purport to be complete and is qualified in its entirety by reference to the Merger<br \/>\nAgreement, a copy of which is filed herewith as Exhibit 10.1 and incorporated herein by reference.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt\">Item 9.01 Financial Statements and Exhibits.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>    Exhibits<br \/>\n    \u00a0<br \/>\n    Description<\/p>\n<p>    10.1<br \/>\n    \u00a0<br \/>\n    Agreement and Plan of Merger<\/p>\n<p>    104<br \/>\n    \u00a0<br \/>\n    Cover<br \/>\n    Page Interactive Data File (embedded within the Inline XBRL document).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24pt\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24pt\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">SIGNATURES<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">Pursuant<br \/>\nto the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by<br \/>\nthe undersigned hereunto duly authorized.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">\u00a0<\/p>\n<p>    Dated: May 21, 2026<br \/>\n    GREENLAND MINES LTD<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    \u00a0<br \/>\n    By:<br \/>\n    \/s\/ Joseph<br \/>\n    Sinkule<\/p>\n<p>    \u00a0<br \/>\n    Name:\u00a0<br \/>\n    Joseph Sinkule<\/p>\n<p>    \u00a0<br \/>\n    Title:<br \/>\n    Chief Executive Officer<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"false 0001907223 0001907223 2026-05-20 2026-05-20 0001907223 us-gaap:CommonStockMember 2026-05-20 2026-05-20 0001907223 GRML:WarrantsMember 2026-05-20 2026-05-20 iso4217:USD xbrli:shares iso4217:USD xbrli:shares \u00a0&hellip;\n","protected":false},"author":2,"featured_media":88640,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5],"tags":[47041,45382,5172,47042,57,47043,19181,25235,32624,47044,47040],"class_list":["post-88639","post","type-post","status-publish","format-standard","has-post-thumbnail","category-greenland","tag-47041","tag-45382","tag-acquisition","tag-cash-and-stock-deal","tag-greenland","tag-greenland-mineral-activities-act","tag-greenland-mines","tag-grml","tag-merger","tag-mining-transaction","tag-neo-north-star"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@dk\/116613423259172410","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/88639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/comments?post=88639"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/88639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media\/88640"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media?parent=88639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/categories?post=88639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/tags?post=88639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}