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IN BRIEF: Bluejay Mining raises GBP1.8 million from share placing

Fri, 23rd Aug 2024 13:26

Bluejay Mining PLC - mineral exploration in Greenland and Finland - Raises GBP1.8 million from placing of 583.3 million new shares at 0.3 pence. The final sum is higher than the target of GBP1.5 million announced late Thursday. The funds will be used for general working capital and for specific work at its projects in Greenland and Finland, including the Thule and Hammaslahti copper assets.

Current stock price: 0.31p for GBP4.6 million market capitalisation

12-month change: down 69%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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