Strategy Update

Bluebird Mining Ventures (LSE:BMV) announces the conclusion of its strategic review and confirms its transition to a gold-focused streaming and treasury model. The review assessed operations, capital allocation, and prevailing conditions across precious metals and digital assets. The Company is now concentrating on cashflow generation, balance-sheet resilience, and scalable exposure to physical gold.

New growth strategy

BMV is establishing a gold streaming and treasury platform designed to deliver long-term, compounding value through reserve growth and structured yield. Investor interest has centred on tangible, income-producing assets and transparent access to bullion. The revised strategy reflects this shift.

Key elements of the strategy:

• Gold streaming and treasury platform - Structured gold streaming agreements and disciplined treasury management that combine predictable yield with verifiable reserve accumulation.
• Direct bullion exposure - Scalable exposure to physical gold without the operational and execution risks associated with mine ownership.
• Capital-efficient growth - Focus on multi-year streams across the ore-to-bullion value chain, securing recurring gold flows that can be recycled into new transactions.
• Use of Bitcoin as a payment rail - Bitcoin may be used solely as a settlement mechanism including in jurisdictions with exchange-control constraints, subject to the Company's internal gross-asset limit.
• Korea - Continued efforts to secure required permits and assess suitable partnership opportunities, aligned with the improved outlook for gold assets. An update will follow in due course.
• Selective mining-adjacent investments - Evaluation of near-term cashflow opportunities that support and complement the streaming and treasury model.

This strategy positions BMV as a focused, capital-efficient platform combining the stability of physical gold with the scalability of streaming structures.

Sath Ganesarajah, Chief Executive Officer, of BMV stated: "BMV's new strategy positions the company as a next-generation gold streaming and treasury platform, delivering long-term, compounding value through disciplined reserve growth, structured yield, and direct exposure to physical bullion. It also brings the company into line with growing demand for income-producing, inflation-resistant investments backed by the enduring value of gold, without the risks of mine ownership."