Bluejay Mining PLC Result of General Meeting (4637H)

TIDMJAY

RNS Number : 4637H

Bluejay Mining PLC

27 July 2023

Result of General Meeting

Bluejay Mining plc (' Bluejay ' or the ' Company '), the AIM, FSE listed and OTCQB traded exploration and development company with projects in Greenland and Finland, is pleased to announce that at the Company's General Meeting held earlier today, the resolution was duly passed.

The votes were cast as follows:

 
 No   Ordinary Resolution                   For           Against     Votes Withheld 
      To receive the audited statement 
       of accounts of the Company for the 
 1     period ended 31 December 2022        343,322,719   3,895,829   625,197 
     ------------------------------------  ------------  ----------  ---------------

For further information please visit http://www.bluejaymining.com or contact:

 
 Kevin Sheil             Bluejay Mining plc            enquiry@bluejaymining.com 
                        ----------------------------  -------------------------- 
                         SP Angel Corporate Finance 
                          LLP 
 Ewan Leggat / Adam       (Nominated Adviser and 
  Cowl                    Broker)                      +44 (0) 20 3470 0470 
                        ----------------------------  -------------------------- 
 Tim Blythe / Megan      BlytheRay 
  Ray / Said Izagaren     (Media Contact)              +44 (0) 20 7138 3205 
                        ----------------------------  --------------------------

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. The Company holds multiple exploration and development projects in Greenland and Finland, providing its shareholders both portfolio and commodity diversification in high quality jurisdictions.

Bluejay's Dundas Ilmenite Project in northwest Greenland is fully permitted and undergoing further optimisation studies. The Company has agreed a Master Distribution Agreement with a major Asian conglomerate for up-to 340k tonnes per annum ('tpa') of its designed 440ktpa annual output.

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, 12.4% lead and 596 g/t silver; and the 920 sq km Thunderstone Project which has the potential to host base metal and gold deposits.

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 drill ready 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 has also signed a conditional agreement for a partial divestment in a fourth Finnish project.

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July 27, 2023 09:57 ET (13:57 GMT)

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