BUZZ - US stocks related to Greenland surge due to military garrison agreement

September 21 - ** US-listed stocks related to Greenland surge in pre-market trading

** The United States, Denmark, and Greenland said on Friday that the three parties have reached an agreement for the US to expand its military presence on the Danish autonomous territory (link)

** Rare earth miner Critical Metals CRML.O shares rose by 30% to $8.75; the company holds a majority stake in Greenland's Tanbreez project

** Key minerals developer Greenland Minerals (GRML.O) shares jumped 68.4% to $4.80; meanwhile, oil exploration company Greenland Energy (GLND.O), which focuses on energy development in the Jameson Land Basin in eastern Greenland, saw its shares more than double to $2.78

** The deal is set to be signed on Tuesday, with key details yet to be made public, including whether it will amend the 1951 Defense Agreement—which is the legal basis for US military presence in Greenland

** As of the previous session's close, CRML has fallen 3% so far this year, and GRML has fallen 80.2%

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