Bluejay Mining plc / EPIC:
JAY / Market: AIM / Sector: Mining
1 July 2024
Bluejay
Mining plc ('Bluejay' or the 'Company')
Director
Dealing
Bluejay Mining plc, the AIM, FSE
listed and OTCQB traded exploration and development company with
projects in Greenland and Finland, announces that it was notified on 1 June 2024 that Roderick McIllree,
Non-Executive Director of the Company, purchased 6,000,000 ordinary
shares of the Company ("Ordinary Shares").
Following this purchase, Roderick's total
beneficial ownership in the Company is 97,499,268 Ordinary Shares,
which represents approximately 6.47% of the Company's issued share
capital of 1,506,063,889 Ordinary Shares. Further details on the purchase are
included in the notification below.
For further information please
visit http://www.bluejaymining.com or
contact:
|
Roderick McIllree
|
Bluejay Mining plc
|
enquiry@bluejaymining.com
|
|
Ewan Leggat / Adam Cowl
|
SP Angel Corporate Finance LLP
(Nominated Adviser and Broker)
|
+44 (0) 20 3470 0470
|
Market Abuse Regulation (MAR)
Disclosure
The information contained within
this announcement is deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU)
No. 596/2014 ('MAR') which has been incorporated into UK law by the
European Union (Withdrawal) Act 2018.
Details of the person discharging managerial
responsibilities/person closely associated
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Roderick McIllree
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
Non-Executive Director
|
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name:
|
Bluejay Mining plc
|
|
b)
|
LEI:
|
213800E9AEFEHFLOVJ19
|
|
4.
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument:
Identification code:
|
Ordinary shares of £0.01
each
GB00BFD3VF20
|
|
b)
|
Nature of the
transaction:
|
Purchase of ordinary
shares
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
£0.0034788
|
6,000,000
|
|
|
d)
|
Aggregated information:
Aggregated volume:
Price:
|
As above
|
|
e)
|
Date of the transaction:
|
01/07/2024
9am London time
|
|
f)
|
Place of the transaction:
|
AIM
|
About Bluejay Mining plc
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 multiple projects in Greenland and
Finland, Bluejay offers both portfolio and commodity
diversification focused on base and precious metals in Tier 1
jurisdictions.
Bluejay, through its wholly owned
subsidiary Disko Exploration Ltd., has signed a definitive Joint
Venture Agreement with KoBold Metals to guide exploration for new
deposits rich in the critical materials required for the green
energy transition and electric vehicles (the Disko-Nuussuaq
nickel-copper-cobalt-PGE Project).
Disko Exploration Ltd holds two
additional projects in Greenland - the 692 sq km Kangerluarsuk
zinc-lead- silver project, where historical work has recovered
grades of up to 45.4% zinc, 9.3% lead and 596 g/t silver; and the
920 sq km Thunderstone project which has the potential to host
large-scale base metal and gold deposits. Bluejay also owns 100% of
the fully permitted Dundas Ilmenite Project under its subsidiary
Dundas Titanium A/S in northwest Greenland for which it will seek
strategic alternatives.
In Finland, Bluejay currently holds
three large scale multi-metal projects through its wholly owned
subsidiary FinnAust Mining Finland Oy. The Company has identified
multiple drill ready targets at the Enonkoski nickel-copper-cobalt
project in East Finland. Bluejay's Hammaslahti
copper-zinc-gold-silver project hosts high-grade VMS mineralisation
and extensions of historical ore lodes have been proven. The drill
ready Outokumpu copper-nickel-cobalt-zinc-gold-silver project is
located in a prolific geological belt that hosts several high-grade
former mines. Bluejay also owns 29% of Metals One PLC (AIM: MET1)
after the divestment of its Black Shales Project.
**ENDS**