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GRML News
GRML Events
Greenland Mines Prices Public Offering of 4M Shares for Approximately $20M
Greenland Mines announced the pricing of its previously announced public offering with new and existing mining-focused institutional investors for the purchase and sale of 4M shares of its common stock in a public offering for aggregate gross proceeds of approximately $20M before deducting placement agent fees and other offering expenses. The closing of the offering is expected to occur on or about August 27. A.G.P./Alliance Global Partners acted as the sole placement agent for the offering.
Greenland Mines Plans Public Offering of Common Stock
Greenland Mines announced that it intends to offer shares of its common stock in a public offering. All of the securities to be sold in the offering are to be offered by Greenland Mines. A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.
Greenland Mines Ltd Trading Halted, News Pending
Greenland Mines Ltd trading halted, news pending
Greenland Mines Secures Patent for Human Gene Therapy
Greenland Mines announced that Innovation, Science and Economic Development Canada has granted a patent covering technology exclusively licensed for worldwide commercialization from researchers at Universitat Autonoma de Barcelona and collaborating institutions. The issued patent protects the use of a human gene therapy using a nucleic acid gene sequence encoding the RNA splice variant protein called secreted Klotho or "s-KL". The patent includes 42 granted claims of s-KL and its utility in treating several neurodegenerative diseases using a genetic-based therapy.
Greenland Mines Board Approves Stockholder Rights Plan
Greenland Mines announced that its board of directors has approved the adoption of a limited-duration stockholder rights plan, effective July 22 to protect the interests of the company and its stockholders. The board adopted the rights plan to ensure that all stockholders receive full and fair value in connection with any proposal to acquire the company or any effort to obtain control of the company. The rights plan is intended to protect stockholders from coercive or otherwise unfair takeover tactics, including the accumulation of a control or blocking position through open-market purchases or derivative positions without payment of an appropriate control premium, and to provide the board with time to make informed decisions in the best interests of the company and its stockholders. The rights plan is effective immediately and will expire in one year.
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