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Bluejay Mining ( (GB:80M) ) just unveiled an update.
80 Mile plc, a company involved in the mining industry, has successfully closed a placement, raising £1,504,597.22 through the issuance of 557,258,228 ordinary shares at a price of 0.27 pence per share. The funds will be utilized for progressing an acquisition and general working capital. Admission of the new shares to trading on AIM is expected by January 7, 2025, and the total ordinary shares in issue will increase to 2,646,655,444. This move is pivotal for 80 Mile plc as it aims to strengthen its capital base and pursue strategic opportunities.
More about Bluejay Mining
YTD Price Performance: -53.23%
Average Trading Volume: 12,275,708
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £6.06M
Learn more about 80M stock on TipRanks’ Stock Analysis page.
