Investment Summary

80 Mile Invests In Bluejay Mining

On March 8, 2016, 80 Mile invested in metals/mining company Bluejay Mining

Investment Highlights
  • This is 80 Mile’s 1st transaction in the Metals/Mining sector.
  • This is 80 Mile’s 1st transaction in Virgin Islands (British).

Investment Summary

Date 2016-03-08
Target Bluejay Mining
Sector Metals/Mining
Investor(s) 80 Mile
Deal Type Stake Purchase

Target

Bluejay Mining

Virgin Islands (British)
Bluejay Mining Ltd. operates titanium exploration project in Greenland called the Pituffik titanium project.

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Investor(S) 1

Investor

80 Mile

London, United Kingdom

Category Company
Sector Metals/Mining
Employees7
DESCRIPTION

80 Mile is an operater and an exploration company in the United Kingdom. Company is exploring the Pituffik Ilmenite Project, which includes a very large and unusually pure titanium occurrence. Work to date indicates potential for Pituffik to be in the top percentile of projects worldwide in terms of heavy mineral grade, and this has been independently verified. The Company also owns high-grade magmatic copper and nickel sulphide deposits as well as copper-lead-zinc VHS-style deposits in Finland and Austria. This multi-commodity portfolio remains a strategic asset of importance and has been restructured to be cost-sustainable. 80 Mile was founded in 2005 and is based in London, the United Kingdom.


DEAL STATS #
Overall 1 of 2
Sector: Metals/Mining M&A 1 of 2
Type: Stake Purchase M&A Deals 1 of 1
Country: Virgin Islands (British) M&A 1 of 1
Year: 2016 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-05 Avannaa Exploration

London, United Kingdom

Avannaa Exploration Ltd. is a mineral exploration company with several advanced projects in the south-west of the country. Avannaa’s primary geographical focus is Greenland. Commodity targets include precious metals, rare earth elements, base metals and diamonds.

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