Ann: Notice of General Meeting/Proxy Form, page-76

the answer is NO @He'sElite. your investment is not impacted what so ever. the amount of shares you have is of course less. but the value does not change. you have less shares worth more in simple terms.
I believe this to be a very good move and one I would vote for. (if I was still a holder). I say this because :
1. it gives the company a little more wiggle room with sp while these hypocrites in the Greenland government finally decide to get this mine going.
2. it appeals to a broader buyer market. no body likes to see a decimal before a digit in there stock. especially institutions
3. ties in well with a change of name. never liked the name and it's not all about Greenland.

my advice would be to hang tight. on the right path given the circumstances of the market and the political unrest going on.
and to anyone who could be bothered to read the 150 odd pages of that I say bravo. don't let the jibberish take up to much realestate in your brain.