REG - Bluebird Mining Vnt. - Funding Update

Bluebird Mining VenturesAnnouncement

29/08/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250829:nRSc1397Xa&default-theme=true

RNS Number : 1397X  Bluebird Mining Ventures Limited  29 August 2025

Bluebird Mining Ventures Ltd

('Bluebird' or 'the Company')

 

Funding Update

 

Bluebird Mining Ventures Ltd, a gold development company is very pleased that
further to the Company's announcement dated 25 June 2025, the Company has
executed a £2 million Investment Agreement with Skylake Management LLP, an
investment vehicle domiciled in United Kingdom ("Investment Agreement").

 

Investment Agreement Highlights:

 

·     £2 million by way of a convertible loan facility at a conversion
price of 2p per share

·     0% interest with maturity on 31 December 2026

 

Related Party Transaction

 

Sath Ganesarajah, a director of the Company, is a designated member of Skylake
Management LLP and the Company's entry into the Investment Agreement
constitutes a Related Party Transaction for the purposes of DTR 7.3.  The
Non-Executive Directors of the Company have considered and approved the terms
of the Investment Agreement.

 

The Company will update the market shortly as its strategy unfolds.

 

Bluebird CEO and Executive Director, Sath Ganesarajah, commented, "I am
delighted to execute the Investment Agreement that demonstrates my support for
BMV and my personal commitment to our unfolding strategy."

 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION EU 596/2014 ("MAR").

 

**ENDS**

 

For further information please visit https://bmvbtc.com or contact:

 

 Bluebird Mining Ventures Ltd                   one@bmvbtc.com (mailto:one@bmvbtc.com)

 Sath Ganesarajah, CEO and Executive Director

 

Subscribe to our news alert service: https://bmvbtc.com/s/55a340
(https://bmvbtc.com/s/55a340)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDFFFIVTVITFIE