Result of General Meeting
80 Mile PLC announced that a resolution was duly passed at its General Meeting held today. The company is an exploration and development entity with interests in hydrocarbons and critical metals in Greenland, as well as an industrial gas and biofuels business in Italy. Key projects include the Jameson Project with an estimated 13.03 billion barrels of recoverable oil, the Disko-Nuussuaq Project targeting copper, nickel, cobalt, and PGEs with a US$30 million JV agreement, and the Dundas Project holding 117 million tonnes of ilmenite at 6.1% ilmenite. Additionally, 80 Mile is advancing the Greenswitch Ferrandina Plant in Italy, aiming 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 General Meeting held earlier today, the resolution was duly passed.
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