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Bluejay raises £17 million for Dundas project

Bluejay Mining (LN:JAY) has raised £17 million (US$24 million) as it finishes the prefeasibility study at the Dundas titanium project in Greenland.

Bluejay raises £17 million for Dundas project Bluejay raises £17 million for Dundas project Bluejay raises £17 million for Dundas project Bluejay raises £17 million for Dundas project Bluejay raises £17 million for Dundas project

Life's a beach: Bluejay has the rights to miles and miles of coast in Greenland

Bluejay, which has a market cap of £190 million, issued 77.2 million new shares at £0.22 to raise the cash.

The company is developing the ilmenite project in Greenl...