{"url_path":"/sec/grml/8-k/2026-06-25/item-3-02","section_key":"item-3-02","section_title":"Item 3.02 Unregistered Sales of Equity Securities**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-25","source_url":"https://www.sec.gov/Archives/edgar/data/1907223/0001213900-26-072105-index.html","accession_number":"0001213900-26-072105","cik":"0001907223","ticker":"GRML","issuer_name":"Greenland Mines Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/1907223/0001213900-26-072105-index.html","primary_entity_key":"0001907223","primary_entity_name":"Greenland Mines Ltd"},"word_count":184,"has_tables":true,"body_markdown":"**Item\n3.02. Unregistered Sales of Equity Securities**\n\n \n\nOn June 18, 2026, Greenland Mines Ltd. (the “Company”)\ncompleted the private placement contemplated by that certain Securities Purchase Agreement, dated June 15, 2026, by and among the Company\nand the purchasers named therein (the “Purchasers”). A copy of the Securities Purchase Agreement is included as Exhibit 10.1\nto the Company’s Form 8-K filed on June 17, 2026.\n\n \n\nAt the closing of the private placement, the Company issued to the\nPurchasers an aggregate of 15,000,000 shares of the Company’s common stock. The sale of the common stock resulted in aggregate gross\nproceeds to the Company of approximately $3,750,000.\n\n \n\nThe issuance of the securities described above was made in reliance\nupon the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”),\nand/or Rule 506 of Regulation D promulgated thereunder. The Purchasers represented that they are “accredited investors” as\ndefined in Rule 501(a) of Regulation D and that the securities were acquired for investment and not with a view to distribution. The securities\nwere offered without general solicitation or advertising."}