Bluejay Mining plc ('Bluejay' or the 'Company'), the AIM, FSE listed and OTCQB traded exploration and development company with projects in Greenland and Finland, is pleased to announce that it has raised gross proceeds of £1.3 million through the placement of 74,285,707 shares ("Placing Shares") to new and existing shareholders, including our two largest shareholders, at a price of 1.75 pence per share (the "Placing").