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Blue Jay Gold raises $3M via private placement with Ocean Partners to fund Yukon exploration.

Company Fundamentals
26 Oct 2026, 14:00 WIB
GlobeNewsWire
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Bullish
Blue Jay Gold raises $3M via private placement with Ocean Partners to fund Yukon exploration.

Blue Jay Gold Corp. announced a $3 million private placement with Ocean Partners UK Limited, selling 3,333,300 units at $0.90 each. Each unit includes one common share and one warrant exercisable at $1.20 for one year. Ocean Partners will hold about 6.5% of Blue Jay's shares post-closing. The funds will support exploration and a preliminary economic assessment at Blue Jay's Steller Gold Project in Yukon, with closing expected around November 5, 2026, pending TSXV approval.

Blue Jay Gold's $3.0 million private placement is presented here with Pluang's Basic Materials sector data for context. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 26, 2026 17:11 WIB: Among 83 priced US stocks, 54 rose and 16 fell. Notably, AUGO traded at USD 73.20 with a 6.24% decline, CX rose 4.22% to USD 10.63, and VALE dropped 3.71% to USD 11.94, with typical hold times ranging from 11 to 111 days.

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