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BUZZ - Greenland Minerals completes $38 million direct placement, stock price surges

BUZZ - Greenland Minerals completes $38 million direct placement, stock price surges

路透社路透社2026/09/24 08:51
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- ** Greenland Minerals (GRML.O) shares rose 27% in pre-market trading to $14.2

** If the pre-market gains hold, the opening price will mark a new three-month high for the stock

** GRML sold (link) 3.2 million shares and pre-funded warrants via a registered direct offering, at a price of $12 per share

** The offering, targeted at institutional investors, is expected to raise approximately $38.4 million in net proceeds

** The company stated that the funds will be used for mining operations in Greenland, as well as for working capital and general corporate purposes

** Last week, the United States, Denmark, and Greenland signed a security agreement (link) aimed at expanding the U.S. military presence in Greenland

** As of the previous trading session’s close, GRML’s share price had fallen about 22.6% year to date


(To facilitate non-English speakers, Reuters provides automated translations of its reports into several other languages. As automated translations may contain errors or may not include required context, Reuters does not guarantee the accuracy of automated translation texts and provides them solely for readers’ convenience. Reuters accepts no responsibility for any damage or loss caused by the use of automated translation functionality.)

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华尔街见闻•2026/09/26 11:36