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PELI (Pelican Acquisition Corporation) News

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• Pelican Transaction Values 80 Mile's 30% Jameson Interest at US$92M
  80 Mile PLC ('80 Mile' or the 'Company') notes the 09 September 2025 announcement by Pelican Acquisition Corporation ('Pelican'), a company formed as a special purpose acquisition company, regarding its Definitive Agreement and Plan of Merger with Greenland Exploration Limited ("GEL"), 100% owned subsidiary of March GL Company. GEL has an agreement with March GL Company ("March GL") that will allow it to earn up to 70% in 80 Mile's Jameson liquid hydrocarbon project in Greenland ("Jameson").
  Sep 11, 2025 - $PELI
• Pelican Acquisition Corporation (NASDAQ: PELI) Announces Definitive Merger Agreement with Greenland Exploration Limited and March GL Company, with the combined company to be named Greenland Energy Company
  Ticker GLND Reserved (Pelican currently trades under PELI on NASDAQ)$215 Million Implied Valuation for up to 70% ownership.Closing Expected 4th Quarter. NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Pelican Acquisition Corporation (NASDAQ: PELI) (“Pelican”), a publicly listed special purpose acquisition company, today announced the signing of a definitive Agreement and Plan of Merger with Greenland Exploration Limited (“Greenland Exploration”) and March GL Company (“March GL”). Upon the closing o
  Sep 10, 2025 - $PELI
• Pelican Acquisition Corporation Signs Letter of Intent to Acquire Greenland Exploration Limited
  NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- Pelican Acquisition Corporation (NASDAQ: PELI, the “Company” or “Pelican”), a Cayman Islands exempted company formed as a special purpose acquisition company, today announced that it has entered into a non-binding letter of intent (“LOI”) with Greenland Exploration Limited (“Greenland Exploration” or “GEL”) to pursue a potential business combination. Greenland Exploration is a Texas-based special purpose vehicle focused on developing strategic interest
  Jun 23, 2025 - $PELI