Business Context and Reporting Period
Company: Greenland Mines Ltd.
Filing Type: Form 8-K (Current Report)
Date of Report: June 23, 2026
Reporting Period: Event-based report regarding a change in independent registered public accounting firm.
Key Financial Metrics
This filing does not contain specific financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity figures. The document focuses exclusively on the administrative change of the company's auditor.
Material Changes
- Change in Certifying Accountant: The Audit Committee dismissed BCRG Group ("BCRG") as the independent registered public accounting firm and appointed Simon & Edward LLP ("S&E") effective June 23, 2026.
- Reason for Change: S&E acquired the attest business of BCRG effective June 15, 2026. Services previously provided by BCRG will now be provided by S&E.
- Audit History: BCRG's audit reports for fiscal years ended December 31, 2025, and 2024, contained no adverse opinions or disclaimers. However, both reports included an explanatory paragraph indicating substantial doubt regarding the Company's ability to continue as a going concern.
- Disagreements: There were no disagreements between the Company and BCRG regarding accounting principles, practices, or auditing scope during the relevant periods.
- Reportable Events: No reportable events occurred except for material weaknesses in internal control over financial reporting previously disclosed in the 2025 Form 10-K.
Guidance, Outlook, and Risks
Management Commentary: The filing confirms the transition of audit services due to the acquisition of BCRG by S&E. No new financial guidance or operational outlook is provided in this document.
Risks and Contingencies:
- Going Concern: The prior auditor's reports for 2024 and 2025 highlighted substantial doubt about the Company's ability to continue as a going concern.
- Internal Controls: Material weaknesses in internal control over financial reporting were previously disclosed and remain a noted issue.
Investor Verification Checklist
- Verify the status of the "substantial doubt" regarding the Company's ability to continue as a going concern as noted in the 2024 and 2025 audit reports.
- Review the Company's most recent Form 10-K for details on the material weaknesses in internal control over financial reporting.
- Confirm the transition timeline and any potential impact on the audit of the current fiscal year following the appointment of S&E.
- Check for any subsequent filings that address the going concern status or provide updated financial liquidity data.