Form 8-K

8-K — Greenland Mines Ltd

Accession: 0001213900-26-079638

Filed: 2026-07-20

Period: 2026-07-15

CIK: 0001907223

SIC: 2836 (BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES))

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — ea0298432-8k_greenland.htm (Primary)

EX-99.1 — PRESS RELEASE (ea029843201ex99-1.htm)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

July 15, 2026

Greenland Mines Ltd

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

001-41340

86-2727441

(Commission File Number)

(IRS Employer

Identification No.)

1300 South Boulevard, Suite D

Charlotte, NC 28203

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including

area code (833) 931-6330

(Former name or former address, if changed since

last report)

Check the appropriate box below if the Form 8-K filing is intended

to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant

to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule

14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications

pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications

pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol(s)

Name of Each Exchange on Which Registered

Common Stock

GRML

The

Nasdaq Stock Market LLC

Warrants

GRMLW

The

Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of

the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant

has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant

to Section 13(a) of the Exchange Act. ☐

Item

7.01 Regulation FD Disclosure.

On July 15, 2026, Greenland Mines Lrd (the “Company”) issued

a press release regarding the completion by SLR Consulting (Canada) Ltd. of a Technical Report Summary (“TRS”) and S-K 1300-compliant

report for the Skaergaard precious and critical metals project in southeast Greenland. A copy of the press release is attached hereto

as Exhibit 99.1.

The information contained in this Item 7.01 and Exhibit 99.1, attached

hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended and shall

not be deemed incorporated by reference in any filing with the Securities and Exchange Commission under the Securities Exchange Act

of 1934, as amended or the Securities Act of 1933, as amended whether made before or after the date hereof and irrespective of any general

incorporation language in any filings.

This Form 8-K contains forward-looking statements. These statements

are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking

statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,”

“estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,”

“may,” “should,” “will,” “would,” “will be,” “will continue,”

“will likely result,” and similar expressions. Without limiting the generality of the foregoing, the forward-looking statements

in this press release include descriptions of the Company’s future commercial operations. Forward-looking statements are predictions,

projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject

to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in

this press release, such as the Company’s inability to implement its business plans, identify and realize additional opportunities,

or meet or exceed its financial projections and changes in the regulatory or competitive environment in which the Company operates. You

should carefully consider the foregoing factors and the other risks and uncertainties described in the documents filed or to be filed

by the Company with the U.S. Securities and Exchange Commission (the “SEC”) from time to time, which could cause actual events

and results to differ materially from those contained in the forward-looking statements. Copies of these documents are available on the

SEC’s website, www.sec.gov. All information provided herein is as of the date of this press release, and the Company undertakes

no obligation to update any forward-looking statement, except as required under applicable law.

Item 9.01

Financial Statements and Exhibits.

Exhibits

Description

99.1

Press Release

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities

Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: July 20, 2026

GREENLAND MINES LTD

By:

/s/ Joseph Sinkule

Name:

Joseph Sinkule

Title:

Chief Executive Officer

EX-99.1 — PRESS RELEASE

EX-99.1

Filename: ea029843201ex99-1.htm · Sequence: 2

Exhibit 99.1

Greenland Mines Reports 36-44% PdEq Grade Uplift and +31% Increase

in Indicated PdEq Ounces at its Skaergaard Gold, Palladium, Platinum Project in First S-K 1300 Technical Report Summary

Updated 2026 MRE reflects strong grade and contained-metal increases

versus 2022 baseline; S-K 1300 conversion establishes U.S. regulatory foundation as Company advances toward Initial Assessment

CHARLOTTE, N.C., July 15, 2026 (GLOBE NEWSWIRE) -- via IBN –

Greenland Mines Ltd (Nasdaq: GRML) (“Greenland Mines” or the “Company”) is pleased to report that SLR Consulting

(Canada) Ltd. (“SLR”), the Company’s independent Qualified Person, has completed a Technical Report Summary (“TRS”)

for the Skaergaard precious and critical metals project in southeast Greenland. The TRS conforms to the requirements of the U.S. Securities

and Exchange Commission’s (“SEC”) Modernized Property Disclosure Requirements for Mining Registrants under Subpart 229.1300

of Regulation S-K (“S-K 1300”) and represents the first S-K 1300-compliant report prepared for Skaergaard.

The TRS incorporates an updated Mineral Resource Estimate (“2026

MRE”) with an effective date of July 3, 2026. Against the November 2022 NI 43-101 baseline (the “2022 MRE”), the new

2026 MRE reflects:

● +31%

increase in Indicated PdEq contained metal:

from 11.41 Moz to 15.00 Moz PdEq

● +24%

increase in Inferred PdEq contained metal:

from 14.11 Moz to 17.49 Moz PdEq

● +36%

increase in Indicated PdEq grade:

from 2.23 g/t to 3.04 g/t PdEq

● +44%

increase in Inferred PdEq grade:

from 2.14 g/t to 3.07 g/t PdEq

The 2026 MRE, prepared by SLR Consulting under the SEC’s S-K

1300 standard, confirms Skaergaard as one of the largest undeveloped palladium, gold and platinum resources in the western world –

at a moment when palladium supply chains are under structural pressure, and Greenland has emerged as a priority jurisdiction for allied-nation

critical mineral strategies. The grade and contained-metal improvements recorded in the 2026 MRE are driven by both a more robust geological

model and metal prices that now reflect the market reality of 2026, including gold at US$3,500/oz.

Comment from President of Greenland Mines Ltd, Dr, Bo Møller

Stensgaard:

“This is a genuine and material step forward for Skaergaard.

We have taken the 2022 mineral resource – already substantial – applied current gold and palladium prices and an improved

block model methodology that better reflects the true geometry of the deposit, and the result is a resource that is more than 31 percent

larger in Indicated PdEq ounces with a grade 36 percent higher.

“That is a material upgrade in the economic quality of

what Skaergaard holds. And critically, this is just the platform. The S-K 1300 conversion gives us the regulatory foundation to move

directly into an Initial Assessment, which will, for the first time, formally evaluate what an open-pit scenario looks like at Skaergaard

alongside underground options.

“With our 2026 field team on the ground for our summer campaign,

adding new drilling data, bulk sampling for metallurgical test and pilot plant work, geotechnical measurements, engineering studies, environmental

baseline studies and other investigations, we are building the technical inputs needed for an Initial Assessment – the S-K 1300

equivalent of a Preliminary Economic Assessment – in real time.

“Skaergaard is advancing fast – this release is proof

of that. The resource is bigger, the grade is higher, and the next chapter starts now.”

The Company notes that the S-K 1300 conversion is the first required

step in placing Skaergaard on a U.S. regulatory reporting foundation. It allows Greenland Mines to reference the prior body of technical

work within the S-K 1300 framework and lays the groundwork for the next stage of study: an Initial Assessment (“IA”) –

the S-K 1300 equivalent of a Preliminary Economic Assessment (“PEA”) – which will integrate potential open-pit and underground

mining scenarios for the deposit.

UPDATED MINERAL RESOURCE ESTIMATE 2026 FOR SKAERGAARD

S-K 1300 Mineral Resource Table – Skaergaard Project

Effective Date: July 3, 2026

Prepared by: SLR Consulting (Canada) Ltd. / Philip A. Geusebroek, M.Sc., P.Geo.

Category

Metric

2022 MRE

(NI 43-101)

2026 MRE

(S-K 1300)

Change

Indicated

Tonnage (Mt)

158.95

153.6

-3.4%

Grade PdEq (g/t)

2.23

3.04

+36.3%

PdEq (Moz)

11.41

15.00

+31.5%

Inferred

Tonnage (Mt)

205.42

177.5

-13.6%

Grade PdEq (g/t)

2.14

3.07

+43.5%

PdEq (Moz)

14.11

17.49

+24.0%

The modest reduction in tonnage reflects the tighter economic cut-off at current metal prices and the removal of low-grade dilution from

the prior panel model. The result is a higher-grade, higher-confidence resource that more accurately represents the underlying mineralization.

The combination of updated metal prices – including gold at US$3,500/oz

– and an improved geological model that removes artificially dilutive material from the prior estimate has produced a leaner but

substantially more valuable resource: fewer tons, but with a higher NSR value per ton mined, a stronger grade profile, and more contained

PdEq metal in total. In mining terms, the 2026 MRE describes a more economically robust rock inventory than its 2022 predecessor.

Notably, the 2026 MRE was modelled using underground mining cost assumptions.

As the Company advances evaluation of a potential initial open-pit scenario – targeting near-surface mineralization on the northern

plateau area of the deposit – there is a clear pathway to an even more favorable cost structure that would further enhance the economic

case for Skaergaard.

S-K 1300 – THE FOUNDATION FOR THE NEXT PHASE

This S-K

1300 TRS represents the starting point of a new regulatory and development chapter for Skaergaard. The conversion:

● Establishes

the deposit’s Mineral Resources under the SEC’s current reporting standard, providing investors with disclosure directly

comparable to peer companies reporting under S-K 1300;

● Creates

a compliant technical foundation from which the Company can proceed to an Initial Assessment (“IA”) – the S-K 1300

equivalent of a Preliminary Economic Assessment (“PEA”); and

● A

key focus of the IA will be the evaluation of an initial open-pit mining scenario for the northern plateau area, where Gold, Palladium

and Platinum mineralization occurs at or near surface. An open-pit first approach would typically offer materially lower capital and

operating costs than an underground operation, potentially shortening the timeline to first production and improving early-stage project

economics.

The 2026 field program includes drilling, bulk sampling, mapping, geotechnical

work and a much-improved digital terrain model on the northeastern plateau and towards the west – areas identified in the TRS as

having near-surface open-pit potential. Results from the 2026 season will serve as inputs to the planned IA, including the evaluation

of the open-pit scenarios, alongside updated engineering, metallurgical and infrastructure studies being advanced by the Company’s

technical partners.

ABOUT THE SKAERGAARD PROJECT

Skaergaard is one of the world’s largest undeveloped palladium,

gold and platinum deposits. The deposit is hosted in the Triple Group of the Skaergaard layered mafic igneous intrusion in southeast Greenland,

approximately 400 km west of Iceland, with fjord access and an existing nearby gravel airstrip. The mineralization consists of seven stratiform

horizons (H0 to H6) within the upper 90 m of the Middle Zone, each typically 2 to 5 m thick. The deposit also contains elevated levels

of titanium, vanadium and gallium in the surrounding iron-oxide sequence, representing potential by-product credits subject to further

technical evaluation.

Skaergaard sits within what the Company has defined as its North Atlantic

Critical Metals Corridor – a geostrategic position in East Greenland, approximately 400 km west of Iceland and with direct sheltered

deep-water fjord access, that aligns the project with western allied-nation critical mineral supply strategies at a time of accelerating

demand for secure, western-world sources of palladium and platinum group metals.

Greenland Mines, through its subsidiary Major Precious Greenland A/S,

holds an 80% interest in and option to acquire the remaining 20% of the three Mineral Exploration Licenses covering the Skaergaard Project.

QUALIFIED PERSON STATEMENT

The 2026 Mineral Resource Estimate was prepared by an independent Qualified

Person, as defined under S-K 1300, employed by SLR Consulting (Canada) Ltd. The SLR QP has reviewed and approved the technical content

of this news release. The TRS will be filed as an exhibit with the SEC and made available on the Company’s website.

ABOUT GREENLAND MINES LTD

Greenland Mines Ltd is a Nasdaq-listed company with two operating divisions:

(1) Mining, focused on the exploration and development of the Skaergaard Project in southeast Greenland and, subject to closing of the

previously announced transaction, the Sarfartoq neodymium-praseodymium (Nd-Pr) rare earths project in southwest Greenland; and (2) Biotech,

including Klotho’s KLTO-202 primary indication for ALS. The Company’s strategy is centered on building a multi-asset platform

with exposure to rare earth magnet materials, precious metals, and select midstream processing opportunities, while advancing its broader

North Atlantic Critical Metals Corridor vision linking Greenland resources with allied downstream jurisdictions and industrial infrastructure.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning

of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by words such as “believe,”

“expect,” “anticipate,” “intend,” “plan,” “potential,” “could,”

“may,” “will,” “should,” “estimate” and similar expressions. These forward-looking statements

include, but are not limited to, statements regarding the expected benefits of the S-K 1300 conversion; the potential of the Skaergaard

Project; the anticipated results of the 2026 field program; the timing and scope of an Initial Assessment; the potential to evaluate open-pit

and underground mining scenarios; potential by-product credits from vanadium, gallium and titanium; and the Company’s North Atlantic

Critical Metals Corridor strategy. These statements involve known and unknown risks and uncertainties that could cause actual results

to differ materially from those expressed or implied. Mineral Resources are not Mineral Reserves and do not have demonstrated economic

viability. Readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update any forward-looking

statement except as required by applicable law.

Investor Contact and Corporate Communications:

ir@greenlandmines.com

Website:

www.greenlandmines.com

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