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IN BRIEF: Bluejay receives $2 million for drilling in Greenland

ALN

Bluejay Mining PLC - mineral exploration and development company with projects in Greenland and Finland - Receives first tranche of $2 million from US institutional investor Towards Net Zero LLC. Says the proceeds will be used to fund its maiden drilling campaign at Kangerluarsuk. Kangerluarsuk is Bluejay’s wholly owned lead-zinc-silver project in central west Greenland.

Earlier in February, Bluejay announced a $6 million equity raise staged by Toward Net Zero.

Current stock price: 3.87 pence, down 0.6% on Wednesday afternoon in London

12-month change: down 53%

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