29 Aug 2025 07:00
Bluebird Mining Ventures Ltd
('Bluebird' or 'the Company')
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Funding Update
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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 Β£2 million Investment Agreement with Skylake Management LLP, an investment vehicle domiciled in United Kingdom ("Investment Agreement").
Investment Agreement Highlights:
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Β· Β£2 million by way of a convertible loan facility at a conversion price of 2p per share
Β· 0% interest with maturity on 31 December 2026
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Related Party Transaction
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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.
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The Company will update the market shortly as its strategy unfolds.Β
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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."Β
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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU 596/2014 ("MAR").
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**ENDS**
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For further information please visit https://bmvbtc.com or contact:
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Bluebird Mining Ventures Ltd Sath Ganesarajah, CEO and Executive Director | one@bmvbtc.com Β |
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