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UPDATE: Bluejay Mining picks new chair amid board shuffle

Thu, 21st Dec 2023 13:18

Bluejay Mining PLC - Greenland and Finland-focused miner - Appoints Mike Hutchinson as non-executive chair, replacing Robert Edwards, who has been executive chair since October 2022. Bluejay also names Eric Sondergaard as managing director, having previously been chief operating officer. Adds Troy Whittaker, Roderick McIllree and Harry Ansell to the board as non-executive directors, while Edwards, Peter Waugh and Bo Stensgaard leave the board immediately, though with Stensgaard remaining as a company employee. Bluejay corrects its announcement on Wednesday, clarifying that Whittaker is a non-executive director only, not COO. "In due course, the new board will update shareholders regarding the implementation of a new strategy that will focus solely around developing the Disko magmatic massive sulphide project in Greenland," Hutchinson says.

Current stock price: 0.55 pence, up 9.4% on Thursday afternoon in London

12-month change: down 89%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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