tiprankstipranks
80 Mile Plc Advances Acquisition of Hydrogen Valley Stake
Company Announcements

80 Mile Plc Advances Acquisition of Hydrogen Valley Stake

Story Highlights

Stay Ahead of the Market:

Bluejay Mining ( (GB:80M) ) has issued an announcement.

80 Mile Plc has completed Stage 2 of acquiring a 24% interest in Hydrogen Valley Ltd, having paid £800,000 and issued over 423 million new ordinary shares. This acquisition is part of 80 Mile’s strategy to diversify its assets and align with sustainable energy solutions, potentially enhancing its market positioning in the energy sector.

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 focusing on high-grade critical metals in Tier 1 jurisdictions. With projects in Greenland and Finland, the company aims to advance key projects through partnerships and strategic acquisitions. Their portfolio includes the Disko-Nuussuaq nickel-copper-cobalt-PGE project in Greenland, the Outokumpu project in Finland, and the Dundas Ilmenite Project, among others.

YTD Price Performance: 12.96%

Average Trading Volume: 17,742,932

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £8.07M

Learn more about 80M stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles