Business
Statement re Speculation
Statement re Speculation.
About this update from 80 Mile Plc
[{"type":"text","content":"\n \nRNS Number : 3713T Bluejay Mining PLC 20 March 2019 \n\nBluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining\n20 March 2019\nBluejay Mining plc ('Bluejay' or the 'Company') \nUpdate re Market Speculation\n \nBluejay notes market speculation and wishes to put on record that it has no current intention to undertake an equity capital raise. The Company has sufficient funding in place that allows it to conduct its budgeted activities into Spring 2020.\n \nIn respect to customer engagement for the Dundas Ilmenite Project, Bluejay remains in detailed discussions with multiple parties, including the discussion announced on 27th February 2019. The Board remains confident that these discussions will achieve an attractive outcome for its shareholders.\n \nWith regard to the timing of the Company's impending pre-feasibility study ('PFS'), which is being prepared in tandem with international mining consultants SRK Consultancy ('SRK'), the Board confirms that the PFS is nearing completion and anticipates that it will be published by the end of April 2019.\n \nJon Russill of SRK said, \"We have been working with Bluejay and its other consultants on the PFS for the Dundas Ilmenite Project since 2017 and can confirm that it is now very close to its conclusion and publication, which we now anticipate to be within the next six weeks.\"\n \nMarket Abuse Regulation (MAR) Disclosure\nCertain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.\n \n**ENDS**\n \nFor further information please visit http://www.titanium.gl or contact:\n\n\n\nRoderick McIllree\n\n\nBluejay Mining plc\n\n\n+44 (0) 20 7907 9326\n\n\n\n\nEwan Leggat\n\n\nSP Angel Corporate Finance LLP\n\n\n+44 (0) 20 3470 0470\n\n\n\n\nSoltan Tagiev\n\n\nSP Angel Corporate Finance LLP\n\n\n+44 (0) 20 3470 0470\n\n\n\n\nIngo Hofmaier\n\n\nHannam & Partners (Advisory) LLP\n\n\n+44 (0) 20 7907 8500\n\n\n\n\nAndrew Chubb\n\n\nHannam & Partners (Advisory) LLP\n\n\n+44 (0) 20 7907 8500\n\n\n\n\nHugo de Salis\n\n\nSt Brides Partners Ltd\n\n\n+44 (0) 20 7236 1177\n\n\n\n\nCosima Akerman\n\n\nSt Brides Partners Ltd\n\n\n+44 (0) 20 7236 1177\n\n\n\n \n\nThis information is provided by R...