Hill Dickinson has recently advised AIM-listed client Bluejay Mining plc (Bluejay) on a £17 million placing arranged by H&P Advisory Limited and SP Angel Corporate Finance LLP who acted as joint bookrunners and placing agents for Bluejay in connection with the placing.

The proceeds of the fundraising will be used to:

    continue the development of Bluejay’s Dundas Ilmenite project in Greenland
    undertake the 2018 work programme at the Disko nickel, copper, cobalt and platinum project in West Greenland, and
    fund general working capital  and maintain interests in Bluejay’s wider project portfolio.

The Hill Dickinson equity capital markets teams in London and Manchester advised on the transaction, which was led by corporate partner Michael Bennett with assistance from Oli Benson.