Business
Board Reorganisation
Board Reorganisation.
About this update from 80 Mile Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 5142K\n Bluejay Mining PLC\n 05 January 2021\n \n \n \n \n Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining\n \n \n 5 January 2021\n \n \n Bluejay Mining plc\n \n \n ('Bluejay' or the 'Company') \n \n \n Board Reorganisation\n \n \n Bluejay Mining plc, the AIM and FSE listed, and OCTQB traded, exploration and development company with projects in Greenland and Finland\n , is pleased to announce a reorganisation of the Board of the Company as it progresses to the next stage of developments, particularly at its Dundas ilmenite project (\"Dundas\" or the \"Project\"), following a very successful end to 2020. \n \n \n The Board reorganisation, effective from 4 January 2021, will see Mr. Rod McIllree move from Chief Executive Officer (\"CEO\") to Executive Chairman of the Board, with Mr. Mike Hutchinson, former Chairman, becoming Non-Executive Director and Chair of the Remuneration Committee. Dr. Bo Møller Stensgaard, former Chief Operating Officer, will become CEO. Additionally, Mr. Ian Henderson, Non-Executive Director, retires from the Board. Mr. Peter Waugh, the Company's titanium market expert, remains a Non-Executive Director.\n \n \n Rod McIllree, Chairman, commented: \"2020 was a very successful year for Bluejay, with the Company delivering on a number of key milestones, not only with regards to the progression of the Dundas Project but also in Finland. Therefore, it is only natural that as the Company progresses, the Board structure should also reflect the advancement of the Company to ensure that this momentum continues. \n \n \n \"I welcome Bo's appointment as CEO and believe that his background and extensive operational experience in Greenland, along with his local knowledge and relationships, technical and organisational abilities, provides him with the optimal skillset to successfully progress the Company's flagship project, Dundas. He is also well placed to drive the development of the rest of Bluejay's portfolio together with the rest of our very skilled and experienced management team. I look forward to continuing our successful working relationship and supporting him in my new role as Chairman as we move to the development and construction stages at Dundas and continue exploration and development at our other exciting projects. \n \n \n \"Mike's tenure as Chairma...