Klotho Neurosciences Acquires Greenland Mines Corp. for $68 Billion Skaergaard Project
Klotho Neurosciences has acquired Greenland Mines Corp., gaining control of the Skaergaard Project in Southeast Greenland, one of the largest undeveloped palladium, gold, and platinum deposits. The acquisition grants shareholders direct ownership in a resource valued at approximately $68 billion. Post-acquisition, Klotho will operate with two divisions: Natural Resources and Cell and Gene Therapy. The transaction, finalized on March 4, 2026, is structured as a reverse merger and will result in Greenland Mines potentially owning about 93% of Klotho on a fully diluted basis.
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Klotho Neurosciences has completed the acquisition of Greenland Mines Corp., securing an 80% interest in the Skaergaard Project in Southeast Greenland, valued at $68 billion. The merger agreement was signed on March 3, 2026, with the acquisition closing on March 4.
Klotho will now operate in two divisions: Natural Resources, focused on the Skaergaard Project, and Cell and Gene Therapy. The acquisition was executed through convertible preferred stock, subject to shareholder approval, potentially allowing Greenland Mines to own approximately 93% of Klotho. The Skaergaard Project represents a significant strategic asset amid global supply chain risks for palladium and platinum, critical for various industries.
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