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80 Mile PLC
Video analysis: BLLYF
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News: BLLYF
80 Mile share price climbs 7% as Greenland Energy sets merger terms
80 Mile PLC (AIM:80M, OTCQB:BLLYF) shares climbed after Greenland Energy agreed indicative terms for a £61.48 million all-share acquisition. 80 Mile shares rose 7% to 0.80p, remaining below the approximately 1.1p implied in the proposed acquisition.
80 Mile consolidates porfolio with deal to merge with
80 Mile PLC (AIM:80M, OTCQB:BLLYF) announced it has agreed indicative terms for a £61.5 million all-share takeover by Nasdaq-listed Greenland Energy Company, with the proposed 1.1p-per-share valuation representing a 46.7% premium to 80 Mile's closing price immediately before the offer period began. The deal will consolidate interests in Greenland's Jameson Land Basin into a single Nasdaq-listed vehicle, while adding 80 Mile's wider portfolio of critical-minerals and industrial-gas assets.
Rainbow Rare Earths moves Uberaba project into pre-feasibility
Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF, FRA:RR1) has moved its Uberaba project in Brazil into pre-feasibility work alongside The Mosaic Company, with...
Futura Medical upsizes retail offer after strong investor demand
Futura Medical PLC (AIM:FUM, OTC:FAMDF, FRA:GYX), the consumer healthcare company behind the erectile dysfunction gel Eroxon, has increased the size of its...
80 Mile now expects Greenland drilling in winter 2027
80 Mile PLC (AIM:80M, OTCQB:BLLYF) shares tumbled 20% on Wednesday after it told investors that drilling at the Jameson Land Basin project in East Greenland...
80 Mile now expects Greenland drilling in winter 2027
80 Mile PLC (AIM:80M, OTCQB:BLLYF) told investors that drilling at its Jameson Land Basin project in East Greenland will be delayed, with regulators currently guiding towards winter 2027 rather than the previously targeted 2026/27 winter season. The company said the slippage reflects the time required to complete permitting and regulatory approvals and does not represent a change in its plans for Jameson.
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