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Bluejay Mining PLC Announces Final Results ended 31 December 2021
Press Release | 05/19/2022
Bluejay Mining plc ('Bluejay' or the 'Company') Final Resultsfor the Period ended 31 December 2021
LONDON, UK / ACCESSWIRE / May 19, 2022 / Bluejay Mining plc, the AIM and FSE listed exploration company with projects in Greenland and Finland, is pleased to announce its Final Results for the year ended 31 December 2021 (the ‘Period'). The Company also gives notice that its Annual General Meeting (‘AGM') will be held on 23 June 2022 at 10:00 at The Washington Mayfair Hotel, 5 Curzon Street, London, W1J 5HE. Copies of the Notice of AGM, together with the Form of Proxy and Annual Report will be posted to shareholders tomorrow and available to view on the Company's website shortly.
Highlights in 2021:
* Final Permits in place to start production at the Dundas Ilmenite Project
(‘Dundas'), Greenland
* Joint Venture (‘JV') signed at the Disko-Nuussuaq Project, Greenland with
KoBold Metals
* JV agreed with Rio Tinto at the Enonkoski Project, Finland, and commencement
of up-to $20 million exploration campaign
* First field season completed for the Thunderstone Project, Greenland
* Leading global investment bank appointed as Lead Arranger for Dundas
* Letters of Interest received from four Export Credit Agencies for Dundas
* Conditional divestment of the Black Shales Assets, Finland, for £4 million
Repayment of the successfully litigated VAT refund received
* Appointment of Mr Johannus Egholm Hansen to the Board as Non-Executive
Director and Mr Peter Davis as Project Manager at Dundas
* Bulk sample pilot plant processing completed for Dundas
Post Period:
* First phase exploration programme completed at the Enonkoski project, Finland,
with 2022 phase imminent
* Electronic Nautical Charts published for Dundas
* Appointment of Mr Eric Sondergaard as Executive Director to the Board
* Incorporation of the Disko-Nuussuaq JV company - Nikkeli Greenland A/S
* European Raw Material Alliance (‘ERMA') announced official support for the
Dundas Ilmenite Project
* Capital increase supported by existing institutional shareholders raising $7
million (£5.4 million) for completion of Dundas Ilmenite feasibility for Project
Finance sign-off
* Comprehensive field season announced for summer 2022 at Disko-Nuussuaq
Project
Click on, or paste the following link into your web browser, to view the full announcement text:
http://www.rns-pdf.londonstockexchange.com/rns/0287M_1-2022-5-18.pdf
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Bluejay Mining PLC
https://www.otcmarkets.com/stock/BLLYF/news/Bluejay-Mining-PLC-Announces-Final-Results-ended-31-December-2021?id=357862
Bluejay Mining PLC Announces First Exploration Programme of 2022 at Enonkoski
LONDON, UNITED KINGDOM / ACCESSWIRE / April 26, 2022 / Bluejay Mining plc, the AIM, FSE listed and OTCQB traded exploration and development company with projects in Greenland and Finland, is pleased to announce the approval of further exploration expenditure by the Company's joint venture ('JV') partner Rio Tinto Exploration Finland Oy ('Rio Tinto') at the Enonkoski nickel-copper-cobalt ('Ni-Cu-Co') Project in eastern Finland as part of the JV & earn-in agreement announced 10 November 2020.
Highlights of the 2022 planned field activities
· Follow-up diamond drilling at targets drilled by the JV in 2021; followed by downhole electromagnetic surveys of selected drill holes.
· A top of bedrock drilling programme focusing on new targets, but also including infill sampling at targets tested by top of bedrock sampling in 2021.
· Geological mapping and sampling.
· The work programmes will commence in Q2 2022.
In 2021, the Enonkoski JV diamond drilling focused on multiple near-mine areas northwest, west and southeast of the closed Laukunkangas Ni-Cu-Co mine. A top of bedrock ('ToB') drilling programme was ongoing simultaneously with the second phase of diamond drilling, as well as UAV 3-component magnetic surveys which were conducted at several sub-areas on the belt. The field activities were supported by extensive reference logging and sampling of historic drill core and a period of analysis carried out by the JV partners.
Based on drilling and assay results and the continuous evaluation of historic and new data from the entire belt, the exploration activities are being continued. The assay results from the drilling in 2021 and from the reference sampling of historic core highlight a zone of pyroxenite in close vicinity of a sulphide droplet zone identified by the Company in previous drilling southeast of the closed mine. Planning for the upcoming exploration programme is ongoing and preliminary plans include up-to 1,500 metres of diamond drilling, up-to 60 ToB drill holes, downhole electromagnetic surveys, geological mapping and sampling to be conducted in Q2 at several target areas on the belt. Final decisions on possible ground gravity surveys will be made based on drilling results.
STORY Continues...
https://finance.yahoo.com/news/bluejay-mining-plc-announces-first-060000057.html
Interesting, Potential electric car metals investment, IMO: Business
Billionaire-backed mining firm to seek electric vehicle metals in GreenlandAugust 10, 2021
8:17 AM EDT
Last Updated 5 months ago
2 minute read
COPENHAGEN, Aug 9 (Reuters) - Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, has signed an agreement with London-listed Bluejay Mining (JAY.L) to search in Greenland for critical materials used in electric vehicles.
KoBold, which uses artificial intelligence and machine learning to hunt for raw materials, will pay $15 million in exploration funding for the Disko-Nuussuaq project on Greenland's west coast in exchange for a 51% stake in the project, Bluejay said in a statement.
Shares in BlueJay traded 26% higher on the news.
The license holds metals such as nickel, copper, cobalt and platinum and the funding will cover evaluation and initial drilling.
KoBold is a privately-held company whose principal investors include Breakthrough Energy Ventures, a climate and technology fund backed by Microsoft (MSFT.O) co-founder Bill Gates, Bloomberg founder Michael Bloomberg, Amazon (AMZN.O) founder Jeff Bezos, and Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates.
Other KoBold investors include Silicon Valley venture capital fund Andreessen Horowitz and Norwegian state-controlled energy company Equinor.
BlueJay said previous studies found the area in western Greenland has similarities to the geology of Russia's Norilsk region, a main producer of nickel and palladium.
"This agreement is transformative for Bluejay," said the comany's CEO Bo Steensgaard. "We are delighted to have a partner at the pinnacle of technical innovation for new exploration methods, backed by some of the most successful investors in the world."
(Corrects 5th paragraph to reflect that Breakthrough Energy Ventures is an investor in KoBold, not an owner)
https://www.reuters.com/business/billionaire-backed-mining-firm-seek-electric-vehicle-metals-greenland-2021-08-09/
Yea I’m a stick around see were this goes
I started a nice position
Looks great long term. Just made 2nd buy. $GLTA
Liking Bluejay for sure ... under radar for now. will run hard it appears
This one gives me the hebegebees.
Picked some up yesterday, added more today. I may pick some more up tomorrow.
$BLLYF yes it is the 200K bids and 200k smacks are telling me this is going to breakout pretty soon
buying continues ... BLLYF
Might start to break up a little bit now as well.
BLLYF (1/4) We have signed a JV agreement with KoBold, a mineral exploration company, whose principal investor is @Breakthrough, overseen by @BillGates & @JeffBezos committed to identifying a #sustainable supply of #BatteryMetals ow.ly/Kjht50FN3Z1
(1/4) We have signed a JV agreement with KoBold, a mineral exploration company, whose principal investor is @Breakthrough, overseen by @BillGates & @JeffBezos committed to identifying a #sustainable supply of #BatteryMetals https://t.co/IoWlomqjmC
— Bluejay Mining PLC (@BluejayMining) August 9, 2021
BLLYF 4/4) Other investors in the fund include Michael Bloomberg, co-founder of Bloomberg L.P. & candidate for the '20 Democratic nomination for president of the US, & Ray Dalio, co-chief investment officer of the world's largest hedge fund, Bridgewater Associates #JAY #Green #Energy
(4/4) Other investors in the fund include Michael Bloomberg, co-founder of Bloomberg L.P. & candidate for the '20 Democratic nomination for president of the US, & Ray Dalio, co-chief investment officer of the world's largest hedge fund, Bridgewater Associates #JAY #Green #Energy
— Bluejay Mining PLC (@BluejayMining) August 9, 2021
BLLYF Twitter account
#JAY featured in the Danish newspaper, @borsendk following Monday’s JV announcement with #KoBold
#JAY featured in the Danish newspaper, @borsendk following Monday’s JV announcement with #KoBold https://t.co/bV80kxZiP1
— Bluejay Mining PLC (@BluejayMining) August 10, 2021
Yeah. Same here. If this stays down here I am grabbing a nice chunk
Some big smacks has this puppy starts to go viral
The timeline is quite long for anything real to materialize. 5-10 years, I'd estimate.
That said, traders can make anything happen irrespective of fundamentals!
$BLLYF depending on price will be adding anywhere from 200k=500k tomorrow OTC is a bloodbath right now and this is one of the few legit plays out there
$BLLYF KoBold is a privately-held company whose principal investors include Breakthrough Energy Ventures, a climate and technology fund backed by Microsoft (MSFT.O) co-founder Bill Gates, Bloomberg founder Michael Bloomberg, Amazon (AMZN.O) founder Jeff Bezos, and Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates.
Why only “small chance”?
I'd say this has a small chance to really move up! Worth a small gamble to me!
I don't usually put my $ in stocks high priced but with these names involved, why not?
Meant to say not many traders picked it up yesterday less than 3 milly volume and it's getting recognized now almost triple of that now.
Some dilution for sure, but the news is big. Will be interesting to see what happens here
looks like news didn't circulate completely yesterday and starting to make the rounds now $BLLYF
Sure seems that way….
$BLLYF JV with Jeff Bezos and Bill Gates backed company?!?!?!?!
ask is a little bit thick but volume is strong here ...
Interesting play here for sure… upside seems big
picked a few ... BLLYF
BLLYF Joint Venture with Bill Gates and Jeff Bezos backed Company
Press Release | 08/09/2021
Joint Venture with Bill Gates and Jeff Bezos backed Company
https://www.otcmarkets.com/stock/BLLYF/news/Joint-Venture-with-Bill-Gates-and-Jeff-Bezos-backed-Company?id=315261
This is a dead ticker.
THIS,A,CO.,YOU,STICK,WHAT,YOU,CAN,AFFORD,AND,WAIT,, THEN,RETIRE,,
BLLYF,,,DEFINITE GOOD COMPANY,,
BLLYF,,I like this stock a lot,,,no flipping here
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