Does not get much better than this16 Aug 2025 08:26
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.