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Bluejay Mining ( (GB:80M) ) has issued an update.
80 Mile PLC has issued 8,000,000 new ordinary shares following the exercise of warrants, raising £28,000. These shares will be admitted to trading on AIM, increasing the company’s total share capital to 4,337,127,203 shares. This move aligns with 80 Mile’s strategy to expand its asset base and enhance its market positioning in the mining and energy sectors, particularly in Greenland and Italy.
More about Bluejay Mining
80 Mile Plc, listed on the London AIM market, Frankfurt Stock Exchange, and the U.S. OTC Market under the ticker BLLYF, is an exploration and development company focused on high-grade critical metals in Tier 1 jurisdictions. With multiple projects in Greenland, as well as a developing industrial gas and biofuels business in Italy, 80 Mile offers both portfolio and commodity diversification focused on base metals, precious metals, and industrial gas while expanding into sustainable fuels and clean energy solutions in Tier 1 jurisdictions. 80 Mile’s strategy is centred on advancing key projects while creating value through partnerships and strategic acquisitions.
Average Trading Volume: 54,676,436
Technical Sentiment Signal: Hold
Current Market Cap: £27.06M
For detailed information about 80M stock, go to TipRanks’ Stock Analysis page.