Page 1

16 September 2026 80 MILE PLC 80 Mile Plc / Ticker : 80M / Market : AIM / Sector : Mining 80 Mile Plc Interim Results 80 Mile PLC ( '80 Mile ' or the ' Company ' ) , the AIM , FSE , and OTC listed exploration and development company , is pleased to announce its Interim Results for the six months ended 30 June 2026 ( the ' Period ' ) . Highlights in 2026 • • • February - The United States Securities and Exchange Commission ( " SEC " ) approval for the acquisition by Pelican Acquisition Corporation of Greenland Exploration Limited and March GL Company to form Greenland Energy Company ( " GLND " ) ; March - GLND commenced trading on Nasdaq and 80 Mile moved to SETS trading on AIM ; - April GLND raised approximately US $ 70 million for drilling the Jameson Land Basin Project in East Greenland ( " Jameson " ) and further White Flame Energy A / S ( " White Flame Energy " ) equity issued bringing 80 Mile's holding in White Flame to 98.82 % ; • June - 80 Mile awarded AIM Company of the Year ; Regulator confirmed no third - party licence over Jameson and drill rigs mobilised for the Disko - Nuussuaq Project in West Greenland ( " Disko " ) ; • July - Disko drilling commences ; Rod Mclllree appointed Managing Director of GLND and 80 Mile closed a £ 1.9 million placing ; August Jameson drilling update on the government timetable and New York Times coverage of Jameson ; Greenswitch S.r.l ( " Greenswitch ” ) , Ferrandina biodiesel facility ( " Ferrandina " ) awarded INS and ISCC sustainability accreditation . Highlights in 2025 . • • • • White Flame Energy acquired ( 95.36 % , then 96.64 % ) , giving 80 Mile control of the Jameson licences ; Binding farm - out with March GL : two 3,500 metre ( " m " ) wells 100 % funded for up to 70 % earn - in , including a US $ 500,000 payment to 80 Mile ; Hydrogen Valley moved from a minority stake to 100 % ; Digitile litigation dismissed ; Ferrandina refurbishment commences and main permits in hand ; KoBold Metals ( “ Kobold " ) returned 49 % of Disko for a 2 % net smelter return ( " NSR ” ) plus equipment ; Greenland approved transfer of Nikkeli Greenland A / S ; USFM Corporation ( " USFM " ) heads of terms : US $ 30 million to earn 51 % of Disko ; Kangerluarsuk Project in West Greenland ( " Kangerluarsuk ” ) sold to Amaroq Minerals Ltd. ( " Amaroq " ) ( US $ 0.5 million shares + US $ 1.5 million contingent ) . Finland sale to Metals One Plc ( " Metals One " ) terminated with cash retained ; Pelican / GLND merger path announced ; implied value of approximately US $ 92 million for 80 Mile's 30 % Jameson interest at announcement ; • Ingo Hofmaier appointed Independent Non - Executive Director . Chairman's Statement