Greenland Mines raises stake in AnorTech to 19.9%
GRML•Greenland Mines increased its stake in AnorTech to approximately 19.9% from 9.9% in a transaction completed November 6, 2026. It acquired 25,168,669 shares for CAD 7.55 million (USD 5.3 million), paid through the issuance of 1,133,268 Greenland Mines shares.
1. Stake increases
Greenland Mines exercised an option to acquire 25,168,669 AnorTech common shares at CAD 0.30 each, bringing its total holdings to 45,127,172 shares, or approximately 19.9%. The transaction was completed November 6, 2026, with consideration of approximately CAD 7.55 million (USD 5.3 million) paid through the issuance of 1,133,268 Greenland Mines common shares. The newly acquired shares are subject to a 60-month contractual lock-up from issuance.
