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Bluejay Mining ( (GB:80M) ) just unveiled an announcement.
80 Mile Plc has received government approval for the full ownership transfer of Nikkeli Greenland A/S, which holds licenses for the Disko-Nuussuaq project in West Greenland. This move increases 80 Mile’s stake in the project from 49% to 100%, reinforcing its commitment to advancing the project. The company is in discussions with multiple partners to further develop the project, which is a priority for 80 Mile. This development aligns with 80 Mile’s strategy to enhance its portfolio in critical metals and energy solutions, potentially impacting its market positioning and stakeholder interests.
More about Bluejay Mining
80 Mile Plc, listed on the London AIM market, Frankfurt Stock Exchange, and the U.S. OTC Market, is an exploration and development company focused on high-grade critical metals in Tier 1 jurisdictions. The company has projects in Greenland and a developing industrial gas and biofuels business in Italy, offering diversification in base metals, precious metals, and industrial gas while expanding into sustainable fuels and clean energy solutions. 80 Mile’s strategy involves advancing key projects and creating value through partnerships and strategic acquisitions.
Average Trading Volume: 20,704,696
Technical Sentiment Signal: Strong Sell
Current Market Cap: £9.84M
See more data about 80M stock on TipRanks’ Stock Analysis page.