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Bluejay Mining ( (GB:80M) ) just unveiled an announcement.
80 Mile Plc announced the successful passing of all resolutions at its General Meeting, leading to a 24% interest in Hydrogen Valley Ltd and its subsidiary Greenswitch srl. This acquisition marks a strategic move to expand 80 Mile’s portfolio and enhance its positioning in the energy sector, aligning with its focus on sustainable energy solutions and exploration of conventional energy resources. The development is set to bolster the company’s market position, potentially impacting stakeholders by diversifying asset holdings and advancing its strategic objectives.
More about Bluejay Mining
80 Mile Plc, listed on the London AIM market, Frankfurt Stock Exchange, and the U.S. Pink Market, is an exploration and development company focused on high-grade critical metals in Tier 1 jurisdictions. With projects in Greenland and Finland, the company aims to advance key projects and create value through partnerships and strategic acquisitions. Its primary focus is the Disko-Nuussuaq nickel-copper-cobalt-PGE project in Greenland, in partnership with KoBold Metals, and it holds significant interests in multi-metal projects in Finland. The company also has assets in the energy sector and a major ilmenite project in Greenland.
YTD Price Performance: 14.81%
Average Trading Volume: 16,916,577
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £8.2M
Find detailed analytics on 80M stock on TipRanks’ Stock Analysis page.