Greenland Mines CFO LeBlanc Buys 1.4M Shares in Show of Confidence

In a significant vote of confidence, Greenland Mines (NASDAQ: GRML) disclosed in a Form 4 filing that Chief Financial Officer Jeff LeBlanc purchased 1.4 million shares of the company’s common stock in open-market transactions. According to the filing, LeBlanc acquired the shares at a price of $0.1752 per share, increasing his direct beneficial ownership to 4,820,342 shares. The filing states that LeBlanc purchased 626,472 shares on July 16, 2026, and an additional 773,528 shares on July 17, 2026. These transactions were reported in a filing with the U.S. Securities and Exchange Commission on July 17.

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 selected midstream processing opportunities, while advancing its broader North Atlantic Critical Metals Corridor vision linking Greenland resources with allied downstream jurisdictions and industrial infrastructure. The latest news and updates relating to GRML are available in the company’s newsroom at https://ibn.fm/GRML.

This insider buying comes at a time when Greenland Mines is positioning itself as a key player in the critical minerals and biotech sectors. The CFO's substantial purchase signals strong internal belief in the company's future, especially as it advances its rare earth projects and biotech initiatives. MissionIR (“MIR”), a specialized communications platform, highlighted this development as part of its syndicated content to enhance visibility for companies within the investment community. MIR is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers a range of services including access to a vast network of wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, enhanced press release enhancement, and social media distribution via IBN to millions of social media followers, along with a full array of tailored corporate communications solutions.