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IN BRIEF: Bluejay receives USD2 million for drilling in Greenland

22nd Feb 2023 13:55

Bluejay Mining PLC - mineral exploration and development company with projects in Greenland and Finland - Receives first tranche of USD2 million from US institutional investor Towards Net Zero LLC. Says the proceeds will be used to fund its maiden drilling campaign at Kangerluarsuk. Kangerluarsuk is Bluejay's wholly owned lead-zinc-silver project in central west Greenland.

Earlier in February, Bluejay announced a USD6 million equity raise staged by Toward Net Zero.

Current stock price: 3.87 pence, down 0.6% on Wednesday afternoon in London

12-month change: down 53%

By Sophie Rose; Alliance News reporter

Comments and questions to [email protected]

Copyright 2022 Alliance News Ltd. All Rights Reserved.


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