REG - Bluebird Mining Vnt. - Strategic Update

Bluebird Mining VenturesAnnouncement

09/01/2026 07:00

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RNS Number : 2478O  Bluebird Mining Ventures Ltd  09 January 2026

9 January 2026

 

Bluebird Mining Ventures Ltd

 

("BMV or the "Company")

 

Strategic Update

 

Bluebird Mining Ventures Ltd ("BMV" or the "Company"), the gold streaming and
treasury company, provides a further update following its Operational Update
announcement of 10 December 2025 and the Capital Reorganisation announcement
dated 18 December 2025.

 

Market backdrop and inbound interest

Since the Company's Operational Update on 10 December 2025, BMV has
experienced a marked increase in inbound interest relating to its gold
streaming and treasury strategy. This includes engagement from counterparties
exploring tokenised and digitally settled gold structures, as well as
institutional and strategic participants seeking exposure through structured
upstream arrangements spanning physical metal, derivative-linked flows, and
tokenised formats.

 

The Board believes this renewed interest reflects a broader crossover between
digital asset infrastructure and physical gold, alongside evolving macro
conditions. In particular, the Company notes the current interest-rate outlook
and the potential rollback of certain US trade tariffs as factors that may act
as catalysts for renewed risk appetite, providing structural tailwinds for
gold-linked treasury and streaming strategies. The Board continues to believe
that BMV's gold streaming and treasury model is well positioned to capture
this demand in a disciplined and regulated manner.

 

Technology partnership with BE

BMV is pleased to confirm a strategic technology partnership with The BE
Company ("BE"), an affiliated entity in which the Company's Chief Executive
Officer has an interest, pursuant to which BE will act as BMV's recognised
technology partner. BE is a clean energy and AI infrastructure business with
operations in the UK, US, and Canada.

 

Under this arrangement, BE will provide in-kind advisory and development
support across:

·      IT security and data management

·      Digital and data-centre infrastructure

·      Hosting services and software licensing

·      High-performance computing and GPU-based platforms

 

The scope also includes support for research and development activities
focused on advanced data-driven analysis and high-performance computing
applications for geological and subsurface interpretation. The relationship is
expected to support business development initiatives during 2026, with the
potential for selective commercialisation later in the year. All intellectual
property generated under this arrangement will remain the property of BE. BMV
will be granted a non-exclusive licence to deploy such technology within its
own operations and client services.

 

The Board emphasises that these technology initiatives are supportive and
exploratory, with the Company's primary focus remaining its gold streaming and
treasury strategy.

 

Update on equity arrangements

Further to the Company's announcement of 18 December 2025, the Board confirms
that the previously announced Management and External Investor Equity
Subscription Facility and related incentive proposals will not proceed and are
being replaced by a revised equity-based arrangement involving Skylake
Management LLP ("Skylake"), an entity owned and controlled by the Company's
Chief Executive Officer, Sath Ganesarajah. The Company has entered into a
share incentive trust arrangement pursuant to which Skylake has agreed to
subscribe for 650,000,000 ordinary shares in the Company for an aggregate
consideration of £3.25 million on a fully paid basis, with £6,250 payable on
issue and the balance payable subject to finalisation of a formal incentive
scheme over the next few months.  The trust is for the benefit of the Company
and includes provision for the return of the shares if the milestones for
incentive awards cannot be agreed. Furthermore, Skylake has agreed not to
exercise the voting rights attached to the shares whilst they are held on
trust for the Company.  The share incentive trust arrangement is intended to
support the provision of seconded services to the Company in lieu of cash
remuneration with flexibility to provide working capital as required.

 

The Board further confirms that the Company has been notified that the
previously announced acquisition by Skylake of certain warrants in the Company
will not proceed. Discussions remain ongoing and the Company will update the
market as appropriate.

 

The Board confirms that, notwithstanding the above, the Company's fully
diluted share capital position remains unchanged from that disclosed in the
announcement dated 18 December 2025.

 

Sath Ganesarajah, Chief Executive Officer of BMV, said: "The increased level
of interest we are seeing reflects a growing convergence between physical gold
and modern financial infrastructure. BMV will prioritise partnerships that
enhance execution capability without diverting focus from the core business.
We remain focused on executing our gold streaming and treasury strategy,
maintaining balance-sheet discipline, and progressing selective partnerships
that support scalable, compliant growth."

 

 

For further information, please contact:

 

 Bluebird Mining Ventures Ltd
 Sath Ganesarajah, Chief Executive Officer  c/o +44 (0)20 4582 3500

 Gracechurch Group
 Harry Chathli, Alexis Gore, Anysia Virdi   +44 (0)20 4582 3500

The Company encourages all investors to share questions on this announcement
via its investor hub: https://bmvbtc.com/s/aca32f
(https://bmvbtc.com/s/aca32f)

 

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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