Admission of Shares
Bluebird Mining Ventures Ltd has successfully admitted 1,149,983,767 new ordinary shares to the London Stock Exchange's Main Market, raising approximately £626,227.98 through a placing, subscription, and retail offer. This issuance includes 400,000,000 shares for the placing and subscription, 650,000,000 trust shares, and 13,151,989 shares for the WRAP retail offer, with a £968,500 loan advanced to Skylake Management LLP for the trust shares. Additionally, 46,831,778 shares are being issued to directors and consultants in lieu of salary, and 40,000,000 shares to Skylake as acquisition consideration. The company's total issued ordinary share capital now stands at 2,013,667,471 shares, each with one voting right, and BMV is actively seeking to appoint additional Non-Executive Directors to enhance corporate governance and support its growth strategy.
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Further to the announcement on 20 January 2026, Bluebird Mining Ventures (LSE:BMV), the gold streaming, mining and treasury company, announces the Admission of 1,149,983,767 new ordinary shares of nil par value in the Company to ("Ordinary Shares") trading on the Main Market of the London Stock Exchange plc, became effective at 8.00am this morning.
In total, the Company has raised gross proceeds of approximately £626,227.98 though a placing undertaken by CMC Markets UK Plc, trading as CapX ("Placing"), a direct subscription (the "Subscription") and a WRAP retail offer (the "WRAP Retail Offer"). This has been done via the issue and allotment of 400,000,000 Ordinary Shares pursuant to the Placing and Subscription, 650,000,000 Ordinary Shares (the "Trust Shares") being issued to a trust constituted by a trust deed between the Company and Skylake Management LLP ("Skylake") and 13,151,989 Ordinary Shares pursuant to the WRAP Retail Offer. The Company has advanced a loan of £968,500 to Skylake in its capacity as trustee of the trust in order for Skylake to fully pay up the Trust Shares on behalf of the trust.
The Company is also issuing 46,831,778 Ordinary Shares to certain directors, former directors and consultants in lieu of salary and 40,000,000 to Skylake as consideration due under an acquisition agreement.
Strengthening Corporate Governance
As part of an ongoing commitment to strengthen the Company's corporate governance, BMV has commenced a search for the appointments of additional Non-Executive Directors. These appointments are intended to further align the Board's composition with the Company's growth strategy, ensuring it has an appropriate balance of skills, experience and independence to support the delivery of both the Company's mining projects and its evolving gold streaming and treasury strategy. The Company expects to be in position to announce new appointments during Q1 2026.
Total Voting Rights
Following Admission, the Company's issued ordinary share capital consists of 2,013,667,471 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company is 2,013,667,471. This figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Sath Ganesarajah, Chief Executive Officer, said: "We are pleased to complete this fundraise with the support of both new and existing shareholders reflecting confidence in our gold streaming and treasury strategy. The Fundraise will provide the capital required to strengthen the Company's balance sheet and advance a promising pipeline of opportunities with the potential to generate both near-term operational cashflow and longer-term sustainable growth. We look forward to updating the market on our progress as the Company enters the next phase of its development."
Terms used but not defined in this announcement have the same meaning as set out in the Company's announcement released at 16:30 on 16 January 2026.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.