Move to SETS Trading Platform

Summary by AI BETAClose X

80 Mile PLC, an exploration and development company with projects in Greenland, Finland, and Italy, has announced the immediate transition of its shares from London Stock Exchange's SETSqx to the SETS trading platform, effective March 18, 2026. This strategic move aims to expand the company's shareholder base and enhance trading liquidity by providing investors, including international ones, with access to traditional order book trades. The company's portfolio includes the Disko-Nuussuaq nickel-copper-cobalt-PGE project, the Dundas Ilmenite Project with a resource of 117 Mt at 6.1% ilmenite, and an offshore Exploration Target of up to 530 Mt, alongside an agreement to divest its Kangerluarsuk zinc-lead-silver project for US$500,000 in Amaroq shares and a potential further US$1,500,000.

Disclaimer*

80 Mile PLC
18 March 2026
 

A white background with black and white clouds AI-generated content may be incorrect.

18 March 2026

                                                                                                                                          

80 Mile plc

 

("80 Mile", the "Company" or the "Group")

 

Move to SETS Trading Platform

 

80 Mile PLC ("80 Mile" or the "Company"), the AIM, FSE, and OTC listed exploration and development company with projects in Greenland, Finland and Italy, announces that it will transition trading of the Company's shares on London Stock Exchange's SETSqx (Stock Exchange Electronic Trading Service: Quotes and Crosses) to SETS (Stock Exchange Electronic Trading Service), effective today, 18 March 2026.

The move is intended to broaden its shareholder base and increase liquidity, providing investors, including international investors, with access to SETS, via traditional order book trades.

 

For further information please visit http://www.80mile.com or contact:

Investor Relations

80 Mile plc

enquiry@80mile.com

Ewan Leggat / Caroline Rowe / Devik Mehta

SP Angel Corporate Finance LLP
(Nominated Adviser and Broker)

+44 (0) 20 3470 0470

Harry Ansell / Katy Mitchell / Andrew de Andrade

Zeus Capital Limited (Joint Broker)

+44 (0) 20 3829 5000

Megan Ray / Said Izagaren

BlytheRay
(Media Contact)

+44 (0) 20 7138 3204

80mile@blytheray.com

 

About 80 Mile Plc:

 

80 Mile Plc, listed on the London AIM market under the ticker 80M, Frankfurt Stock Exchange, and the U.S. OTC Market under the ticker BLLYF, is an exploration and development company focused on high-grade critical metals in Tier 1 jurisdictions. With multiple projects in Greenland, as well as a developing industrial gas and biofuels business in Italy, 80 Mile offers both portfolio and commodity diversification focused on base metals, precious metals, and industrial gas while expanding into sustainable fuels and clean energy solutions in Tier 1 jurisdictions. 80 Mile's strategy is centred on advancing key projects while creating value through partnerships and strategic acquisitions.

80 Mile's acquisition of White Flame Energy and the Jameson licenses in East Greenland has positioned the Company in one of the world's most compelling undrilled hydrocarbon basins. Under its agreement with March GL, drilling of two fully funded wells is set to commence, with Pelican Acquisition Corporation's merger with Greenland Exploration valuing 80 Mile's retained 30% interest in Jameson at approximately US$92 million. This acquisition and partnership significantly expand 80 Mile's exposure to the energy sector while advancing its strategy of developing both conventional and sustainable energy opportunities.

The Disko-Nuussuaq nickel-copper-cobalt-PGE project in Greenland is a primary focus for 80 Mile, 100% owned by 80 Mile PLC. Seven priority targets exhibiting spatial characteristics indicative of potential deposits on a scale comparable to renowned mining operations such as Norilsk, Voisey's Bay, and Jinchuan, will be advanced by the Company.

The Dundas Ilmenite Project, 80 Mile's most advanced asset in northwest Greenland, is fully with a JORC-compliant Mineral Resource of 117 Mt at 6.1% ilmenite and an offshore Exploration Target of up to 530 Mt. Dundas is poised to become a major supplier of high-quality ilmenite. Recent discoveries of hard rock titanium mineralisation, with bedrock samples showing nearly double the ilmenite content of previous estimates, further enhance the project's world-class potential. 80 Mile owns 100% of the Dundas Ilmenite Project under its subsidiary Dundas Titanium A/S in Greenland.

80 Mile PLC has executed an asset purchase agreement with Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ) to divest its 100% interest in the Kangerluarsuk zinc-lead-silver project in Greenland. Under the terms of the agreement, 80 Mile will receive US$500,000 in Amaroq shares upon completion, with a further US$1,500,000 payable in cash or shares upon the discovery of an economic deposit, defined by a JORC or NI 43-101 compliant resource that supports development.

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

80 Mile (80M)
UK 100

Latest directors dealings