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Bluejay Mining ( (GB:80M) ) has issued an announcement.
80 Mile PLC has introduced an Employee Benefit Trust (EBT) scheme to incentivize long-term commitment among its directors and employees by awarding shares without immediate tax implications. This initiative aims to align the interests of directors and employees with shareholders, motivate key talent, and ensure compliance with AIM regulations. The company plans to allocate up to 10% of its issued ordinary share capital for this purpose, with shares released based on performance conditions. This move is expected to enhance 80 Mile’s operational focus and industry positioning by fostering a committed workforce, crucial for its exploration and development goals.
More about Bluejay Mining
80 Mile Plc is an exploration and development company listed on the London AIM market, Frankfurt Stock Exchange, and the U.S. OTC Market. The company focuses on high-grade critical metals in Tier 1 jurisdictions, with projects in Greenland and a developing industrial gas and biofuels business in Italy. It aims to diversify its portfolio across base metals, precious metals, and industrial gas, while expanding into sustainable fuels and clean energy solutions. The company’s strategy includes advancing key projects, creating value through partnerships, and strategic acquisitions, such as the recent acquisition of White Flame Energy and the Jameson licenses, which expand its portfolio into the energy and gas sector.
Average Trading Volume: 20,923,512
Technical Sentiment Signal: Strong Sell
Current Market Cap: £9.84M
See more data about 80M stock on TipRanks’ Stock Analysis page.