Exercise of Options & Issue of Equity

RNS Number : 5056B

Bluejay Mining PLC

04 April 2017

 

BlueJay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining

BlueJay Mining plc ('BlueJay' or the 'Company')

4 April 2017

Exercise of Options & Issue of Equity

BlueJay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces that it has received notification from a warrant holder to exercise warrants over a total of 1,625,000 new ordinary shares of 0.01 pence each in the share capital of the Company (the 'New Ordinary Shares') at a price of 2 pence per share, in respect of 625,000 New Ordinary Shares, and 4 pence per share in respect of 1,000,000 New Ordinary Shares. Accordingly, the Company has today issued the New Ordinary Shares to the warrant holder for an aggregate cash value of £52,500.

Application has been made for the New Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange ('Admission'). Admission is expected to occur on or around 10 April 2017.

Total Voting Rights

Following the issue of the New Ordinary Shares, the total issued share capital of the Company consists of 733,199,220 ordinary shares of 0.01p each ('Ordinary Shares') with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 733,199,220 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

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

Roderick McIllree	BlueJay Mining plc	[phone]
Graham Marshall	BlueJay Mining plc	[phone]
Ewan Leggat	SP Angel Corporate Finance LLP	[phone]
Elisabeth Cowell	St Brides Partners Ltd	[phone]
Charlotte Page	St Brides Partners Ltd	[phone]

 

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