Klotho Neurosciences shares surge 13.89% after-hours after acquiring $68B Greenland palladium-gold deposit.

Klotho Neurosciences surged 13.89% in after-hours trading following the announcement of its acquisition of Greenland Mines Corp., securing an 80% stake in the Skaergaard Project—a $68 billion palladium, gold, and platinum deposit in Greenland. The deal, structured as a reverse merger, positions the company as a major player in critical mineral supply chains, with the Skaergaard Project offering strategic geopolitical advantages and potential to diversify into gallium, vanadium, and other critical metals. CEO Joseph Sinkule emphasized the asset’s transformative potential for shareholders and Western resource security, while the transaction’s convertible preferred stock structure and Greenland Mines’ anticipated name change underscored the scale of the rebranding. The move aligns with heightened demand for palladium in automotive and clean energy sectors, addressing supply risks from Russia and South Africa. The after-hours rally reflects investor optimism over the company’s pivot into natural resources and its dual-cell therapy and mining divisions.