WRAP Retail Offer for up to £130,000
Bluebird Mining Ventures Ltd is launching a retail offer via WRAP to raise up to £130,000 through the issuance of up to 86,666,666 new ordinary shares at £0.0015 per share. This retail offer is in addition to a previously announced placing and subscription that raised £500,000 and £100,000 respectively, bringing the total potential fundraising to £730,500 before expenses. The placing price represents an approximate 11.8% discount to the previous day's closing price. The company also intends to allot shares to directors, former directors, consultants, and Skylake Management LLP. Admission of these new ordinary shares is anticipated on January 22, 2026.
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Bluebird Mining Ventures, the gold streaming, mining and treasury company, is pleased to announce a retail offer via the Winterflood Retail Access Platform ("WRAP") to raise up to £130,000 (the "WRAP Retail Offer") through the issue of new ordinary shares of nil par value ("Ordinary Shares"). Under the WRAP Retail Offer up to 86,666,666 new Ordinary Shares (the "WRAP Retail Offer Shares") will be made available at a price of £0.0015 per Ordinary Share ("Placing Price").
| The WRAP Retail Offer is being made on the basis of the Company's Prospectus. Further information on Bluebird Mining Ventures is set out in the Prospectus which is or will shortly be available on the Company's website at Corporate Documents | A Gold Streaming & Treasury Company, subject to certain access restrictions, the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism subject to applicable securities laws and regulations. |
In addition to the WRAP Retail Offer and as announced 18 December 2025, the Company has also through CMC Markets UK Plc ("CMC"), trading as CapX has placed 333,333,333 Ordinary Shares ("Placing Shares") on behalf of the Company with investors at the Placing Price ("Placing"). As a result of the Placing, the Company has raised gross proceeds of £500,000. The Company received irrevocable commitments for 66,666,667 Ordinary Shares ("Subscription Shares") from investors at the Placing Price ("Subscription"). As a result of the Subscription, the Company has raised gross proceeds of £100,000. The Placing and the Subscription are conditional on admission of the Placing Shares and the Subscription Shares to the Equity Shares (Transaction) Category of the Official List and to trading on the London Stock Exchange's Main Market for listed securities (Admission). At Admission the Company also intends to allot 46,831,778 Ordinary Shares to certain Directors, former directors and consultants in lieu of salary the "Salary Sacrifice Shares") and 650,000,000 Ordinary Shares to Skylake Management LLP ("Skylake") pursuant to a share trust deed (the "Trust Shares").
The issue of the Placing Shares and the Subscription Shares together with the WRAP Retail Offer Shares, the "Fundraising Shares") will raise up to £730,500 (before expenses). The Placing Price represents a discount of approximately 11.8 per cent. to the mid-market closing price of an Ordinary Share on 15 January 2026 (being the latest practicable date prior to this announcement). The issue price of the WRAP Retail Offer Shares is equal to the Placing Price.
A separate announcement has been made regarding the Placing and Subscription on 18 December 2025 and the Prospectus set out the terms of these issues, the reasons for the Placing and Subscription and use of proceeds. The proceeds of the WRAP Retail Offer will be utilised in the same way as the proceeds of the Placing and the Subscription.
For the avoidance of doubt, the WRAP Retail Offer is not part of the Placing or the Subscription. Completion of the WRAP Retail Offer is conditional, inter alia, upon the completion of the Placing and the Subscription but completion of the Placing and the Subscription ("Fundraising") are not conditional on the completion of the WRAP Retail Offer.
The WRAP Retail Offer and the Fundraising are conditional on the Admission of the Fundraising Shares, the "Salary Sacrifice Shares") and the Trust Shares ("New Ordinary Shares"). It is anticipated that Admission will become effective and that dealings in the New Ordinary Shares will commence at 8 a.m. on Thursday 22 January 2026.
WRAP Retail Offer
Therefore, the Company is making the WRAP Retail Offer open to eligible investors in the United Kingdom following release of this announcement, being existing shareholders of Bluebird Mining Ventures Ltd, and through certain financial intermediaries.
The WRAP Retail Offer is expected to close at 4:30 pm on 19 January 2025. Eligible shareholders should note that financial intermediaries may have earlier closing times.
There is a minimum subscription of £100 per investor under the WRAP Retail Offer. The terms and conditions on which investors subscribe will be provided by the relevant financial intermediaries including relevant commission or fee charges.
It is a term of the WRAP Retail Offer that the total value of the WRAP Retail Offer Shares available for subscription at the Placing Price does not exceed £130,000, or such size as agreed by the Company.
UK Product Governance Requirements
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