Director Dealing
01/07/2024 10:41
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RNS Number : 6015U Bluejay Mining PLC 01 July 2024
Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining
1 July 2024
Bluejay Mining plc ('Bluejay' or the 'Company')
Director Dealing
Bluejay Mining plc, the AIM, FSE listed and OTCQB traded exploration and
development company with projects in Greenland and Finland, announces that it
was notified on 1 June 2024 that Roderick McIllree, Non-Executive Director of
the Company, purchased 6,000,000 ordinary shares of the Company ("Ordinary
Shares").
Following this purchase, Roderick's total beneficial ownership in the Company
is 97,499,268 Ordinary Shares, which represents approximately 6.47% of the
Company's issued share capital of 1,506,063,889 Ordinary Shares. Further
details on the purchase are included in the notification below.
For further information please visit http://www.bluejaymining.com
(http://www.bluejaymining.com/) or contact:
Roderick McIllree Bluejay Mining plc enquiry@bluejaymining.com (mailto:enquiry@bluejaymining.com)
Ewan Leggat / Adam Cowl SP Angel Corporate Finance LLP (Nominated Adviser and Broker) +44 (0) 20 3470 0470
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the
European Union (Withdrawal) Act 2018.
Details of the person discharging managerial responsibilities/person closely
associated
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Roderick McIllree
2. Reason for the notification
a) Position/status: Non-Executive Director
b) Initial notification/Amendment: Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name: Bluejay Mining plc
b) LEI: 213800E9AEFEHFLOVJ19
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument: Ordinary shares of £0.01 each
Identification code: GB00BFD3VF20
b) Nature of the transaction: Purchase of ordinary shares
c) Price(s) and volume(s):
Price(s) Volume(s)
£0.0034788 6,000,000
d) Aggregated information:
Aggregated volume: As above
Price:
e) Date of the transaction: 01/07/2024
9am London time
f) Place of the transaction: AIM
d)
Aggregated information:
Aggregated volume:
Price:
As above
e)
Date of the transaction:
01/07/2024
9am London time
f)
Place of the transaction:
AIM
About Bluejay Mining plc
Bluejay is listed on the London AIM market and Frankfurt Stock Exchange and
its shares also trade on the OTCQB Market in the US. With multiple projects in
Greenland and Finland, Bluejay offers both portfolio and commodity
diversification focused on base and precious metals in Tier 1 jurisdictions.
Bluejay, through its wholly owned subsidiary Disko Exploration Ltd., has
signed a definitive Joint Venture Agreement with KoBold Metals to guide
exploration for new deposits rich in the critical materials required for the
green energy transition and electric vehicles (the Disko-Nuussuaq
nickel-copper-cobalt-PGE Project).
Disko Exploration Ltd holds two additional projects in Greenland - the 692 sq
km Kangerluarsuk zinc-lead- silver project, where historical work has
recovered grades of up to 45.4% zinc, 9.3% lead and 596 g/t silver; and the
920 sq km Thunderstone project which has the potential to host large-scale
base metal and gold deposits. Bluejay also owns 100% of the fully permitted
Dundas Ilmenite Project under its subsidiary Dundas Titanium A/S in northwest
Greenland for which it will seek strategic alternatives.
In Finland, Bluejay currently holds three large scale multi-metal projects
through its wholly owned subsidiary FinnAust Mining Finland Oy. The Company
has identified multiple drill ready targets at the Enonkoski
nickel-copper-cobalt project in East Finland. Bluejay's Hammaslahti
copper-zinc-gold-silver project hosts high-grade VMS mineralisation and
extensions of historical ore lodes have been proven. The drill ready Outokumpu
copper-nickel-cobalt-zinc-gold-silver project is located in a prolific
geological belt that hosts several high-grade former mines. Bluejay also owns
29% of Metals One PLC (AIM: MET1) after the divestment of its Black Shales
Project.
**ENDS**
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