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RNS Number : 9409P Bluebird Mining Ventures Ltd 22 January 2026
22 January 2026
Bluebird Mining Ventures Ltd
("BMV or the "Company")
Admission of Shares
Further to the announcement on 20 January 2026, Bluebird Mining Ventures
(LSE:BMV), the gold streaming, mining and treasury company, announces the
Admission of 1,149,983,767 new ordinary shares of nil par value in the Company
to ("Ordinary Shares") trading on the Main Market of the London Stock Exchange
plc, became effective at 8.00am this morning.
In total, the Company has raised gross proceeds of approximately £626,227.98
though a placing undertaken by CMC Markets UK Plc, trading as CapX
("Placing"), a direct subscription (the "Subscription") and a WRAP retail
offer (the "WRAP Retail Offer"). This has been done via the issue and
allotment of 400,000,000 Ordinary Shares pursuant to the Placing and
Subscription, 650,000,000 Ordinary Shares (the "Trust Shares") being issued to
a trust constituted by a trust deed between the Company and Skylake Management
LLP ("Skylake") and 13,151,989 Ordinary Shares pursuant to the WRAP Retail
Offer. The Company has advanced a loan of £968,500 to Skylake in its
capacity as trustee of the trust in order for Skylake to fully pay up the
Trust Shares on behalf of the trust.
The Company is also issuing 46,831,778 Ordinary Shares to certain directors,
former directors and consultants in lieu of salary and 40,000,000 to Skylake
as consideration due under an acquisition agreement.
Strengthening Corporate Governance
As part of an ongoing commitment to strengthen the Company's corporate
governance, BMV has commenced a search for the appointments of additional
Non-Executive Directors. These appointments are intended to further align the
Board's composition with the Company's growth strategy, ensuring it has an
appropriate balance of skills, experience and independence to support the
delivery of both the Company's mining projects and its evolving gold streaming
and treasury strategy. The Company expects to be in position to announce new
appointments during Q1 2026.
Total Voting Rights
Following Admission, the Company's issued ordinary share capital consists of
2,013,667,471 Ordinary Shares with one voting right each. The Company does not
hold any Ordinary Shares in treasury. Therefore, from Admission the total
number of Ordinary Shares and voting rights in the Company is 2,013,667,471.
This figure may be used by Shareholders in the Company as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the Company under the
FCA's Disclosure Guidance and Transparency Rules.
Sath Ganesarajah, Chief Executive Officer, said: "We are pleased to complete
this fundraise with the support of both new and existing shareholders
reflecting confidence in our gold streaming and treasury strategy. The
Fundraise will provide the capital required to strengthen the Company's
balance sheet and advance a promising pipeline of opportunities with the
potential to generate both near-term operational cashflow and longer-term
sustainable growth. We look forward to updating the market on our progress as
the Company enters the next phase of its development."
Terms used but not defined in this announcement have the same meaning as set
out in the Company's announcement released at 16:30 on 16 January 2026.
For further information, please contact:
Bluebird Mining Ventures Ltd
Sath Ganesarajah, Chief Executive Officer c/o +44 (0)20 4582 3500
Gracechurch Group (Financial PR)
Harry Chathli, Alexis Gore, Anysia Virdi +44 (0)20 4582 3500
About Bluebird Mining Ventures Ltd
Bluebird Mining Ventures (LSE: BMV) is a gold streaming and treasury company.
BMV's mission is to build and manage a gold-backed treasury through streaming
agreements, providing investors with exposure to physical gold without the
operational risk of mining.
BMV focuses on streams from producing assets within the ore concentrate to
bullion value chain. Its investments secure multi-year flows of gold that can
be recycled into new transactions. This model enables scalable exposure to
gold without capital expenditure, or execution risks.
Drawing on its heritage in gold, BMV combines the stability of physical
bullion with the benefits of a scalable, disciplined business model. With a
focus on prudent capital allocation and treasury management, BMV aims to
deliver sustainable, long-term value for shareholders.
For more information, please visit: www.bmvbtc.com
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