🔴 Greenland Energy is trading 14.9% down in pre-market as rig remains in Canada

Greenland Energy is trading at $1.71, down 14.9% in pre-market as selling accelerated after Stampede Drilling confirmed the rig remains in Canada, not Greenland.

• Deployment depends on Greenland Energy securing required regulatory consents and approvals; the delay threatens timing of the planned Jameson Land Basin drilling program.
• Shares closed August 11, 2026, at $2.01, down 9.87%, after the announcement.
• Broader indexes are modestly higher, so macro sentiment does not appear to explain company-specific decline.