REG - Bluebird Mining Vnt. - Further re: Strategic Update

Bluebird Mining VenturesAnnouncement

09/06/2025 07:00

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RNS Number : 9688L  Bluebird Mining Ventures Limited  09 June 2025

Bluebird Mining Ventures Ltd / EPIC: BMV.L / Market: FTSE / Sector: Mining

 

9 June 2025

 

Bluebird Mining Ventures Ltd

('Bluebird' or 'the Company')

 

Further re: Strategic Update

 

Bluebird Mining Ventures Ltd., a pan Asian gold project development company,
is pleased to announce further progress regarding the monetisation of the
Company's flagship Philippine project.

 

The Company announced on the 6 May 2025 the renewal of the permit of the
Company's Philippine project and further, on 15 May 2025, regarding the
potential realization of value from this project.  Furthermore, the Company
announced on 5 June 2025 that "discussions have now progressed meaningfully
with the Philippine partner to an advanced stage whereby the Company now
expects to conclude an agreement within a matter of weeks".

 

The framework of an agreement has now been given to the Company's lawyers to
draft ready for execution expected on or around the week commencing 16 June
2025.   This framework will allow for the company to retain a meaningful net
profit interest as well being able to capture 'bonus revenues' based on
certain prevailing gold prices at the time.  If successfully concluded, the
Company will have no further expenditure commitments in the development of the
project.  Whilst the Company is confident that an agreement will be concluded
there can be no guarantee of such.

 

The Company expects to make further announcements in due course related to the
complementary "digital gold" strategy that was announced last week.  This
first transaction in the Philippines, when concluded, will be the template for
the gold "streaming" avenue that the Company is now to pursue married with the
Bitcoin in Treasury strategy.

 

 

Bluebird Executive Director and Interim CEO Aidan Bishop said, "I am very
pleased after many years to see the first real monetisation event for our
shareholders now coming to imminent conclusion.  Successfully concluding this
agreement at our flagship Philippine project will be a significant milestone
in creating value without assuming any downside risk.  In addition,
discussions around our 'digital gold' strategy are also advancing on numerous
fronts and I am hopeful of being able to provide further market updates in
short order of real tangible, rapid progression of this complementary
strategy.  I believe that Bluebird sits on the threshold of a new rebirth and
very exciting future"

 

 

**ENDS**

 

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

Jonathan Morley-Kirk    Bluebird Mining Ventures Ltd     Email:
jmk@bluebirdmv.com (mailto:colin@bluebirdmv.com)

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