Member Info for A-s-h-t-o-n

Spatzi - In the US a company can and often does make a public announcement before the Form 8-K appears on the SEC’s EDGAR website. In fact, many companies issue a press release first and then file the 8-K shortly after, using the press release as an exhibit in the filing. Here is the press release issued today, which pied piper has just posted.

https://finance.yahoo.com/sectors/energy/articles/greenland-energy-company-announces-closing-210900328.html

Now that the Jameson Land project has been bulletproofed, it's time for us to turn our attention to Disko. And don't forget, we can expect Disko drill results well before Jameson Land. Let's see what the next update on Disko says.

SilverFoxd - No problem. I wish you good fortune with your investment.

This article is dated 28/04/26. If you are a serious follower of the Jameson Land project I would suggest you read the article in full.

https://www.energywirenews.com/global-instability-accelerates-push-for-domestic-energy-security/

Good news guys!

The Form 424B4 (Prospectus) has just been filed with the SEC. This confirms the final price and number of shares on offer.

The next filing will be 8-K (Current Report): This is a press-release-style filing that usually carries the headline "Greenland Energy Company Announces Closing of $70 Million Public Offering."

https://www.sec.gov/Archives/edgar/data/2093507/000182912626004054/greenlandenergy_424b4.htm

Thank you, SilverFoxd for your prompt reply. I appreciate when someone gives a direct answer to a direct question without hesitation, deflection or deviation.

SilverFoxd (29/04/26): "Failed fundraiser and this (80M) is going to 0.6p then all the way down to 0.3p."

Would you care to give your share price prediction for a successful fundraiser?

Thank you TonyAngelina, I pleaded with her repeatedly to wait for the announcement but she kept on insisting on getting her knickers in a twist. Oh well, all what I can say is I tried my best.

RachT2 - This persistent outburst is not good for your health. On 12/02/25 you said, and I quote: "I make a comfortable living from my own portfolio."

Since you have other stocks in your portfolio, why not take a break from 80M and post on your other stocks and then come back in a few days' time and by then you will have the answer to the funding question. In the meantime I hate to see you making a laughing stock of yourself by insisting on the matter just because of your impatience.

RachT2 (28/04/26): "You might be proven right — but given the track record of your previous “dead certs,” there’s every chance this ends up being another miss. Yet again.”

Hedging your bets now are you by saying I could right or I could be wrong. Predictably disappointing, because you now want to have it both ways. For my part, and unlike you, I am sticking to my guns. Notwithstanding your shifting position, I repeat my suggestion that you turn down the volume and calm down. Talk to me in a few days' time. In the meantime I hate to see you making a fool of yourself because of your impatience.

RachT2 (28/04/26): "There is no confirmation the raise has completed, let alone at the full amount, yet we’re told to assume it has. Based on what? Wishful thinking? Cloud cuckoo land?”

I did suggest you turn down the volume and calm down. Talk to me in a few days' time. In the meantime I hate to see you making a fool of yourself because of your impatience.

Downagain - Please see page 20.

https://www.80mile.com/sites/default/files/2026-01/80M%20Corporate%20Presentation%20v4.pdf

FERRANDINA (GREENSWITCH) PLANT - Q2 2026 Updates on the procurement offtake agreements for production; Q2 2026 Production restart of the biofuel plant; H1 2026 Revenue generated.

RachT2 (28/04/26): "After all the confident assertions, it turns out Ashton does not actually know whether the funding has been secured."

I am confident that the funding has been secured. Talk to me in a few days' time and I promise I will not force you to eat humble pie. In the meantime, please turn down the volume and calm down.

Https://x.com/worldoil/status/2048782838598668345?s=43

SilverFoxd (28/04/26): "Can you explain why you believe GLND are they are fully funded? We will find out in 2/3 days whether GLND are successful in their $70m raise."

We will need contracts with certain key operations companies for executing the project:

1. Maritime Group Desgagnés - Contract announced on 26/02/26

2. Stampede Drilling - Contract announced on 27/03/26

3. Halliburton - Contract announced on 27/04/26

I was waiting for the announcement of the contract with Halliburton. That came through only yesterday and it was the last puzzle piece I was waiting for to fall into place for me to be sure of funding. There is usually a short time lag between the funds reaching the bank and the announcement. We should hear shortly.

Current status of the project with regard to key milestones executed so far:

1.5-year contract signed with Stampede Drilling.

2. Contract signed with the Canadian maritime group Desgagnés to transport cargo for the drilling operations.

3. Contract signed with Haliburton. The contract relates to the planning, coordination, handling, and transportation of equipment, services, and goods. In other words, the agreement includes comprehensive well and drilling services.

4. Funds raised for drilling the first two wells.

Onwards and upwards!

RachT2 asked cynically (26/04/26): "First 2 drills fully funded.……. really?" and signs off IMHO. And we all know what she means by IMHO!

The press release today is great news: "Gross proceeds from the offering are expected to be $70 million, before deducting placement agent fees and offering expenses. The Company intends to use the net proceeds from the offering for general corporate purposes, including working capital and operating expenses." Since the fundraising efforts are out of the way, the focus now will be executing the task of drilling the first two wells at Jameson Land. Onwards and upwards!

Don't let any IMHOs fool you!

Https://finance.yahoo.com/markets/stocks/articles/greenland-energy-announces-pricing-70-033100624.html

The Form 8-A12B has just been filed with the SEC. I presume we are nearly there.