From CNBC · Sam Meredith · · 1m 20s
Greenland stocks surge on U.S. security deal
U.S.-listed companies with Greenland operations see massive gains after Trump announces military pact with Denmark.
In brief
U.S.-listed companies with Greenland operations see massive gains after Trump announces military pact with Denmark. Shares of Greenland Energy, Greenland Mines and Critical Metals Corp surged after the U.S. and Denmark agreed to expand military presence on the Arctic territory. Originally reported by CNBC.
Three stocks soar on Greenland deal
Greenland Energy jumped one hundred fifty-nine percent, Greenland Mines over two hundred percent, and Critical Metals Corp nearly thirty-seven percent higher on Monday.
U.S. and Denmark reach Arctic pact
The U.S., Denmark and Greenland agreed to develop significant military presence on the territory while blocking adversaries from building bases there.
Trump promises permanent military control

Trump said the U.S. would "FOREVER have the complete ability to do what is necessary in Greenland" and would immediately begin developing a large military presence there.
“FOREVER have the complete ability to do what is necessary in Greenland in order to secure and defend the security of Greenland, and the United States of America.”
Deal follows months of annexation threats
The agreement comes after Trump spent months threatening to annex the self-governing Danish territory, calling it critical to U.S. national security.
Greenland officials stress self-determination
Greenland's Prime Minister Jens-Frederik Nielsen said the deal would strengthen security while respecting Greenland's right to self-determination and Danish sovereignty.
“It is to the benefit of us all.”
Three companies poised to benefit
Greenland Energy explores oil and gas. Greenland Mines develops palladium, gold and platinum deposits. Critical Metals Corp is building a rare earths mine in southern Greenland.
In short
Shares of Greenland Energy, Greenland Mines and Critical Metals Corp surged after the U.S. and Denmark agreed to expand military presence on the Arctic territory.




