Bluejay Mining (GB:JAY) has released an update.
Bluejay Mining PLC has announced the successful closure of its placing, raising £1.75 million through the issuance of over 583 million shares at 0.3 pence each, with participation from directors and management among others. The funds are earmarked for various company projects including fieldwork, environmental assessments, and stakeholder engagement across their mining assets. Additionally, the company has appointed Axis Capital Markets Limited as a joint broker effective immediately.
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