2p is a given15 Aug 2025 07:49
Strategic Execution and Funding Update
To support its integrated strategy of gold plus 'digital gold', BMV is pursuing several key workstreams. These include the Company's capital table optimisation, preparing the Company for further leadership appointments to support anticipated growth, the formation of a formal Treasury Policy and reporting framework in line with good corporate governance practices, active engagement with strategic investors and the continued preparation of a Prospectus to raise a minimum of £10 million.
These initiatives are sequenced to ensure that BMV enters its next phase of growth with a solid and credible structure and platform suitable to attract institutional capital and to support an active pipeline of treasury-linked opportunities, while providing sufficient flexibility to scale high-quality, asset-backed positions on the balance sheet.
On 25 June 2025, the Company announced that it had signed Heads of Terms with an investment vehicle managed by Sath Ganesarajah to provide a £2 million funding facility, carrying 0% interest and convertible into equity at 2p per share. A definitive agreement is now expected to be signed by the end of August. In preparation for this, the Company has been engaging with digital asset custodians and trade execution desks.
That's just so Sath can covert in to equity at 2p then onwards join the dots