Bluejay Mining PLC Change of Name and New Corporate Website (1991Z)
13 March 2017 - 6:00PM
UK Regulatory
TIDMJAY
RNS Number : 1991Z
Bluejay Mining PLC
13 March 2017
Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector:
Mining
13 March 2017
Bluejay Mining plc ('Bluejay' or the 'Company')
Change of Name and New Corporate Website
Further to the announcement dated 20 February 2017, the Company
is pleased to announce that it has changed its name to Bluejay
Mining plc.
Trading in the Company's shares under the new name will take
effect from 08.00 a.m. today with the TIDM changing to JAY. The
ISIN and SEDOL will not change.
Following the change of name to Bluejay Mining plc, the Board is
pleased to announce that the Company's website domain has changed
and is going to be accessible via the following link
http://www.bluejaymining.com. Corporate information published
pursuant to AIM Rule 26 of the AIM Rules for Companies is available
from this website.
**ENDS**
For further information please visit www.bluejaymining.com or
contact:
+44 (0) 20 7907
Roderick McIllree Bluejay Mining plc 9326
------------------- -------------------- ----------------
+44 (0) 20 7907
Graham Marshall Bluejay Mining plc 9326
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SP Angel Corporate +44 (0) 20 3470
Ewan Leggat Finance LLP 0470
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SP Angel Corporate +44 (0) 20 3470
Laura Harrison Finance LLP 0470
------------------- -------------------- ----------------
St Brides Partners +44 (0) 20 7236
Elisabeth Cowell Ltd 1177
------------------- -------------------- ----------------
St Brides Partners +44 (0) 20 7236
Charlotte Page Ltd 1177
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Notes
Bluejay has a number of highly prospective licences at various
stages of development in Greenland and Finland. The Company is dual
listed on the London AIM market and Frankfurt Stock Exchange.
The Company is currently focussed on advancing the Pituffik
Project in Greenland, an area that has only recently revealed its
mineral potential following changes in the climate. Pituffik, which
Bluejay conditionally acquired in December 2015, has demonstrated
the potential to be in the top percentile of projects worldwide in
terms of heavy mineral grade.
Pituffik comprises three main target areas along an >80km
coastline historically proven to contain large and high-grade
accumulations of primary ilmenite occurring as placer deposits in
the following environments:
-- Raised beaches; containing ilmenite accumulations over widths
of more than 1km, of unknown depths, along more than 20km of
coastline;
-- Active beaches; which refer to the area seaward of the
frontal dunes, including the beach, tidal zones and surf zone -
historically samples from this area have achieved 70% ilmenite by
weight; and
-- Drowned beaches; refers to the areas seaward of active beaches.
The Company's strategy is focused on the production of a bulk
sample "proof of concept" from the Pituffik Project in 2017 with
the aim of ultimately generating cash flow to create a company
capable of self-funding exploration on future acquisitions.
Bluejay also holds a 100% interest in a portfolio of copper,
zinc and nickel projects in Finland. This multi-commodity portfolio
remains a strategic asset of importance and has been restructured
to be cost-sustainable whilst determining the best plan for future
development.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGGUUAWUPMGQU
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