Announcement • 22h
Greenland Energy Company and 80 Mile plc Provide Update on Greenland Permitting Process and Project Planning Greenland Energy Company announced that it has received an update from its joint venture partner, 80 Mile plc, which is leading the permitting process for the Company's Greenland project. Based on information received by 80 Mile from the Government of Greenland, the project's complexity will require a more extensive, comprehensive review process. The partners are now working toward a targeted permit timeline for winter 2027. While the revised timeline extends the anticipated permitting process, the Company views the additional review period as an opportunity to strengthen project planning further and optimize logistics and infrastructure requirements. The Company is reviewing the logistical modifications required given this information and will advise shareholders as soon as practicable. Announcement • Jul 04
Greenland Energy Company Appoints Roderick Mcillree as Managing Director, Effective July 3, 2026 Greenland Energy Company appointed Roderick McIllree as Managing Director, effective July 3, 2026. Mr. McIllree, Executive Director of 80 Mile PLC, oversaw Greenland Energy Company's day-to-day activities in Greenland, with a primary focus on permitting, regulatory engagement and stakeholder relations in support of the planned exploration programme at Jameson. He led interactions with Greenlandic authorities and local stakeholders, including ensuring that the Environmental Impact Assessment, Social Impact Assessment, Field Activities Application and drilling permit processes were all done in accordance with and respect for Greenland regulations. Mr. McIllree's role as an Executive Director at 80 Mile PLC remained unchanged and focused on finalising the permits for drilling at Jameson on behalf of the joint venture partners. 80 Mile PLC and its leadership team had been active in Greenland for over a decade, with key executives bringing more than 20 years of direct experience working on resource projects in the country. Throughout this time operating as responsible corporate citizen, building constructive and respectful relationships with regulators, local communities, and stakeholders across all of Greenland. As such we remain fully committed to conducting all activities to the highest environmental and safety standards and to working collaboratively with the people and institutions of Greenland in the future. New Risk • Jun 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$99.5m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (26% average weekly change). Minor Risk Market cap is less than US$100m (US$99.5m market cap). 
