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

Sath Ganesarajah, CEO and Executive Director

one@bmvbtc.com

 

 

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