• Greenland Energy closed a public offering raising about USD 70 million in gross proceeds.
• Offering included 16,250,000 common shares priced with common warrants at USD 4 per share-warrant package.
• Deal also included 1,250,000 pre-funded warrants sold with common warrants at USD 3.9999 per package.
• Issuance included 17,500,000 common warrants with a USD 5 exercise price, exercisable immediately, expiring five years from issuance.
• Proceeds earmarked to fund Jameson Land exploration plan ahead of planned October 2026 drilling.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenland Energy Company published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604291709PR_NEWS_USPR_____LA47395) on April 29, 2026, and is solely responsible for the information contained therein.