JAY.L Regulatory News (JAY)

Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining

15 March 2021

Bluejay Mining plc

('Bluejay' or the 'Company') 

Board Appointment

Bluejay Mining plc, the AIM and FSE listed, and OCTQB traded, exploration and development company with projects in Greenland and Finland, is pleased to announce the appointment of Mr Johannus Egholm Hansen as a Non-Executive Director to the Board.

Mr Hansen is a Faroese/Danish national with over 30 years' experience in large construction projects, airport construction and operations, engineering, banking and equipment supply. Most significant is Mr Hansen's involvement in the planning and development of the three airports project in Greenland, where Mr Hansen managed both political and regulatory stakeholders, managed tri-party negotiations with the Governments of Greenland and Denmark and secured project financing and regulatory permits, including environmental permits. Mr Hansen's career encompasses a number of years as Senior Vice President of the FLSmidth Group, and as CEO and Country Head of FLSmidth Indonesia, working mainly with mining projects. Additionally, at the Danish investment fund, Copenhagen Infrastructure Partners, he was responsible for the investment in three biomass power plants in England, monitoring construction and commissioning of the plants, and establishing stakeholder relations with local and central regulatory bodies.

Rod McIllree, Chairman, commented: "It is a pleasure to welcome Johannus to the Company and to the Board. Johannus brings a skillset that will complement and enhance the Company as we continue to make pace in securing project finance for the construction phase of the Dundas ilmenite project, following the issue of the Exploitation Licence and Master Distribution Agreement. Johannus has a strong reputation and track record of delivering development projects, especially the three airports project in Greenland.

I look forward to working with Johannus and providing updates on Dundas and our other projects as we advance activities."

AIM Disclosures

The following details in relation to the appointment of Mr Johannus Gunnar Egholm Hansen (aged 62) are disclosed in accordance with Schedule 2(g) of the AIM Rules:

In his capacity as a lawyer with Dania Law, Mr Hansen was previously (from 1996 - 1998) Director of S. Bjerregaard & Sønner Finans A/S with a mandate of managing a controlled winding up this company, followed with a bankruptcy decree in April 1998 and subsequent dissolution of the company.

Mr Hansen holds no ordinary shares or options in the Company.

For further information please visit http://www.bluejaymining.com or contact:

Notes

Bluejay is listed on the London AIM market and Frankfurt Stock Exchange and its shares also trade on the OTCQB Market in the US. With projects in Greenland and Finland, its most advanced project is the Dundas Ilmenite Project in Greenland, which is being developed towards production in the near term.

The Company's strategy is focused on securing financing ahead of commencing commercial production at Dundas in order to create a company capable of self-funding exploration on its current projects and future acquisitions.

Bluejay holds three additional projects in Greenland - the 2,897sq km Disko-Nuussuaq ('Disko') Magmatic Massive Sulphide nickel-copper-cobalt-platinum group element-gold project ('Ni-Cu-Co-PGE-Au'), which has shown its potential to host mineralisation similar to the world's largest nickel-copper mining district at Noril'sk-Talnakh, northern Russia; the 692sq km Kangerluarsuk zinc-lead- silver project ('Kangerluarsuk'), and the 2,025 sq km Thunderstone project which has the potential to host large-scale base metal and gold deposits. In Finland, Bluejay has agreed a joint-venture agreement with Rio Tinto Mining and Exploration Ltd at its Enonkoski Project.

**ENDS**