🟢 Greenland Energy is trading 7.20% up today in pre-market after proposed £61.48 million all-share 80 Mile acquisition

Greenland Energy is trading 7.20% up now at $1.39 in pre-market after the proposed £61.48 million all-share acquisition of 80 Mile, announced September 8.

• The transaction would consolidate full ownership of the Jameson Land Basin project and licences.
• 80 Mile shareholders would receive 0.01108 new shares per share held.
• Multiple reports confirmed the proposal remains conditional on due diligence and approvals; the move appears company-driven following the prior session’s 5.11% decline.