Business
Appointment of Sole Broker
Appointment of Sole Broker.
About this update from 80 Mile Plc
[{"type":"text","content":"\n\n Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining\n \n12 May 2023\n \nBluejay Mining plc ('Bluejay' or the 'Company')\n \nAppointment of Sole Broker\n \nBluejay Mining plc, the AIM, FSE-listed and OTCQB traded exploration and development company with projects in Greenland and Finland, is pleased to announce that it has appointed SP Angel Corporate Finance LLP to act as sole broker to the Company with immediate effect.\n \n**ENDS*\n \nFor further information on the Company and the project please visit the website at: www.bluejaymining.com\n \nContacts:\n \n\n\n\nKevin Sheil\n\n\nBluejay Mining plc\n\n\[email protected]\n\n\n\n\nEwan Leggat / Adam Cowl\n\n\nSP Angel Corporate Finance LLP (Bluejay Mining Nominated Adviser and Broker)\n\n\n+44 (0) 20 3470 0470\n\n\n\n\nTim Blythe / Megan Ray\n\n\nBlytheRay (Bluejay Mining Press Contact)\n\n\n+44 (0) 20 7138 3205\n\n\n\n \nAbout Bluejay Mining Plc\nBluejay is listed on the London AIM market and Frankfurt Stock Exchange and its shares also trade on the OTCQB Market in the US. With multiple projects in Greenland and Finland, Bluejay has now secured four globally respected entities as partners on three of its projects, and exploration expenditure of up to $37 million contractually committed on three key projects, giving the Company and its shareholders both portfolio and commodity diversification in high quality jurisdictions.\nBluejay's Dundas Ilmenite Project in Greenland, is fully permitted and undergoing further optimisation work. The Company has agreed a Master Distribution Agreement with a major Asian conglomerate for up-to 340k tonnes per annum ('tpa') of its designed 440ktpa annual output. The Company has also mandated a major European bank to head the financing syndicate for Dundas.\nBluejay, through its wholly owned subsidiary Disko Exploration Ltd., has signed a definitive Joint Venture Agreement with KoBold Metals to guide exploration for new deposits rich in the critical materials for electric vehicles (The Disko-Nuussuaq nickel-copper-cobalt-PGE Project). Disko Exploration Ltd holds two additional projects in Greenland - the 692 sq km Kangerluarsuk zinc-lead- silver project, where historical work has recovered grades of up to 45.4% zinc, 9.3% lead and 596 g/t silver and a ...