Result of AGM
80 Mile PLC announced that all resolutions were passed at its Annual General Meeting. The company is actively advancing its diverse portfolio, including the Jameson Project in Greenland with an estimated 3.9 billion barrels of recoverable oil, the Disko-Nuussuaq Project targeting copper, nickel, cobalt, and PGEs with a US$30 million drilling commitment from USFM Corporation, and the Dundas Project holding a JORC-compliant Mineral Resource of 117 million tonnes at 6.1% ilmenite. Additionally, 80 Mile is preparing its Greenswitch Ferrandina Plant in Italy to produce up to 50,000 tonnes of biodiesel annually.
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80 Mile PLC ('80 Mile' or the 'Company'), the AIM, FSE, and OTC listed exploration and development Company, is pleased to announce that at its Annual General Meeting held earlier today, all resolutions were duly passed.
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