REG - Bluebird Mining Vnt. - Prospectus drafting commencement - target £10m+

Bluebird Mining VenturesAnnouncement

26/06/2025 07:00

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RNS Number : 4593O  Bluebird Mining Ventures Limited  26 June 2025

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

 

26 June 2025

 

Bluebird Mining Ventures Ltd

('Bluebird' or 'the Company')

 

 Prospectus drafting commencement to raise a minimum £10m

 

Bluebird Mining Ventures Ltd., a pan Asian gold project development company,
is pleased to announce that following the implementation of the new "digital"
gold + physical gold married strategy, the Company has now commenced the
drafting process of a new prospectus with a view to raising a minimum of £10
million at what we anticipate to be a premium to the current share price.

 

Following yesterday's announcement regarding the zero percent interest, £2
million funding facility which is convertible at the investor's election at a
base price of 2p per share and, in recent days, unprecedented multiple offers
from various sources of equity capital at a premium to the stock price, the
Company intends to quickly build further upon this foundation and the market's
enthusiastic uptake of our newly focused approach.

 

Subject to approval of the Financial Conduct Authority (FCA), the Secondary
Prospectus could be completed in an anticipated 8 weeks maximum and, if
successful, would enable the Company to deploy substantial investment capital
into its 'gold + digital gold' strategy and enjoy "first mover" advantage in
this space.

 

The UK marketplace at present does now allow investors to enjoy the potential
benefits of the historical and well entrenched stability of gold as an
inflation proof store of value being married with the upside potential of the
crypto space's number one institutionally backed coin - Bitcoin, from one
investment offering. The Company believes that the approach of combining risk
adjusted gold and silver streaming revenues with a professionally managed
Bitcoin Treasury approach will receive a premium multiple valuation as has
been evidenced by pure Bitcoin Treasury plays such as Strategy and Metaplanet.

 

The crypto space is constantly evolving with the regulatory acceptance of this
asset class globally becoming commonplace and derived demand for products that
provide investors exposure to this only likely to increase in the Company's
view.

 

The added benefit of publishing a prospectus is that it will ensure that the
Company's headroom i.e. its capacity to raise future capital, is refreshed and
thus is not temporarily restricted which will empower the Company to increase
its digital asset base further in the future at an accelerated pace - an
increasingly important factor as the available pool of newly mined Bitcoin
becomes ever more scarce.

 

Given the much larger global capital pool that emanates from the U.S., the
Company is also currently investigating the avenue of a simultaneous listing
of the Company's shares on the US Nasdaq OTCQB. A further announcement in this
regard will be made in the near future.

 

From Monday, the Company will have three Non-Executive Directors, with Sath
Ganesarajah as Non-Executive Chairman, alongside Jonathan Morley-Kirk and
Cédric Simonet.

 

Bluebird Executive Director and Interim CEO Aidan Bishop said, "Ahead of our
new Chairman Sath Ganesarajah formally joining the Board on Monday we continue
to rapidly recalibrate Bluebird towards our pioneering 'gold + digital gold'
strategy.  The Company has also commenced an onboarding process with a
leading institution for bitcoin trade execution and safe custody services
which will be essential as we develop the business further.

 

As I prepare to hand the baton of the Company over to a new CEO in the coming
weeks, I have never been more excited with regards to the future of Bluebird."

 

 

**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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