I THINK IT'S THESE SHARES HITTING THE MSRKET2 Sep 2025 19:50
Bluebird Mining Ventures Ltd., a pan Asian gold project development company, is very pleased to announce that the agreement over its gold project in the Philippines has now been executed. The key terms of the agreement as previously announced on 24 June 2025, are as follows:
· Bluebird will receive a 10% profit share from the Philippine gold project in perpetuity over the life of the mine with the implementation of a transparent dividend policy to ensure cash receipts.
· Furthermore, Bluebird will receive additional bonus payments of USD 250,000 at every gold sales milestone of 5,000 oz subject to the average gold price over the period being over $3,000/oz.
The Philippine project has a JORC compliant resource estimate of 440,000 oz of gold over the total area of the licenses. Bluebird will incur no further expenditure but will retain certain rights of inspection of production plans and records as well as being able to appoint an observer to board meetings. As announced on the 5 June 2025, the Company intends to convert cash receipts that it will receive in the future from streaming revenues into bitcoin. This is in line with the Company's strategy to convert physical gold to "digital gold" i.e. bitcoin.
Further to the Issue of Equity that was announced on 16 June 2025 and following receipt of the Direct Subscription funds and the subsequent issue of shares, the Company has made an application for the admission to trading of 96,586,957 shares. Admission is expected on or around 10 July 2025.
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