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Greenland Mines Ltd launches at-the-market offering of up to $50M at $13.00/share, netting $48.6M
Filed August 24, 2026 · ~2 min read
Key Changes
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The company may sell up to $50M in common stock via an at-the-market program with A.G.P., at $13.00 per share, the last reported sale price on June 30, 2026.
The Offering verify on EDGAR → -
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Net proceeds to the company are approximately $48.6M after a 3.0% commission to A.G.P. and estimated offering expenses of $140,000.
The Offering verify on EDGAR → -
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New investors will experience immediate dilution of $2.36 per share, as the pro forma net tangible book value per share after the offering is $10.64 versus the $13.00 offer price.
Dilution verify on EDGAR →
3 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 1, 2026 · How we verify