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Greenland Energy Agrees to Acquire 80 Mile in £74 Million Share Deal

Securities.io | Nov 12, 2026 4:04 PM EST

Greenland Energy Company has agreed to acquire 80 Mile in an all-share transaction valuing the UK resources company at approximately £74 million on a fully diluted basis, according to the companies’ joint announcement on November 12, 2026. The recommended transaction would consolidate their Jameson Land Basin interests and 80 Mile’s broader natural-resources portfolio in a single Nasdaq-listed group. Under the agreed terms, each 80 Mile share would be exchanged for 0.0079485 newly issued…

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