Last checked at 13 Aug 2019 07:00
Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining
13 August 2019
Bluejay Mining plc ('Bluejay' or the 'Company')
Appointment of Director
Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, is pleased to announce the appointment of Dr. Bo Møller Stensgaard as Executive Director to the Company with immediate effect. Dr. Stensgaard is a Danish national and preeminent geologist with extensive operational experience in Greenland. Dr. Stensgaard joined Bluejay in September 2018 as General Manager (Non-Board) and joined the Company's subsidiary boards as Executive Director of Dundas Titanium A/S and Disko Exploration Limited.
Bluejay CEO Roderick McIllree said, "We would like to extend a very warm welcome to Bo upon his appointment to the Board. We believe Bo's considerable in-country experience of more than 20 years, paired with his excellent and detailed knowledge of the Dundas Project, will add further expertise to the Board of Directors. Since joining the Company in 2018 in his position as General Manager, Bo has been working closely with the Board advising on operational performance and other development initiatives, and as such this appointment feels like an extremely natural progression for Bluejay.
"This is an exciting and important time for the Company as we advance towards the shipment of the bulk sample and I look forward to updating shareholders on our operational progress in due course."
The information required by Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies in relation to the appointment of Dr. Bo Møller Stensgaard, formerly Dr. Bo Møller Nielsen (aged 45) is as follows:
Current directorships | Past directorships within 5 years |
Disko Exploration Limited Dundas Titanium A/S Greenland Gas & Oil Limited
| N/A |
Dr. Bo Møller Stensgaard does not currently hold any shares in the Company.
Save as disclosed above, there are no further disclosures required to be made in respect of the appointment of Dr. Bo Møller Stensgaard under Schedule 2(g) or Rule 17 of the AIM Rules for Companies.
Further Information
Dr. Stensgaard is a preeminent geologist, senior research scientist and senior advisor with extensive operational experience in Greenland. He has a Ph.D. from the University of Aarhus, Denmark - a Ph.D. that was carried out at the Department of Economic Geology at the Geological Survey of Denmark and Greenland ('GEUS') - and has considerable experience in economic geology and resource assessment, having advised in this field for nearly 20 years. As a senior research scientist at GEUS, Dr. Stensgaard was responsible for carrying out and managing large complex international research projects, mapping and assessing of mineral potential throughout Greenland, undertaking promotional activities, providing consultancy services and acting as a conduit to the international exploration and mining community. Specific tasks included ore deposit modelling and evaluation, geochemical and geophysical mapping and interpretation, as well as managing and advising on the regulatory and impact aspects of exploration and mining. Alongside his operational expertise, Dr. Stensgaard carries a strong local, national and international network, especially in Europe, Canada and Australia.
Dr. Stensgaard most recently worked as a Senior Advisor within the field of Exploration & Resource Assessment at the European Institute of Technology & Innovation's consortium, EIT RawMaterials GmbH ('EIT RawMaterials'). Responsibilities included providing strategic advice to the consortium, as well as overseeing the development and advancement of the project portfolio managed by EIT RawMaterials. EIT RawMaterials has more than 120 partners across the European raw material value chain and this role provided Dr. Stensgaard with exposure to the entire raw material sector meaning he has accrued strong insight into recent sectoral developments and innovative solutions within the international exploration, mining and processing community, whilst also strengthening his contact network to the downstream part of the value chain.
Market Abuse Regulation (MAR) Disclosure
Certain 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.
**ENDS**
For further information please visit http://www.titanium.gl or contact:
Roderick McIllree | Bluejay Mining plc | +44 (0) 20 7907 9326 |
Ewan Leggat | SP Angel Corporate Finance LLP Nominated Adviser | +44 (0) 20 3470 0470 |
Soltan Tagiev | SP Angel Corporate Finance LLP Nominated Adviser | +44 (0) 20 3470 0470 |
Ingo Hofmaier | Hannam & Partners (Advisory) LLP | +44 (0) 20 7907 8500 |
Andrew Chubb | Hannam & Partners (Advisory) LLP | +44 (0) 20 7907 8500 |
Hugo de Salis | St Brides Partners Ltd | +44 (0) 20 7236 1177 |
Cosima Akerman | St Brides Partners Ltd | +44 (0) 20 7236 1177 |