Bluebird Mining Ventures Expands Equity Base Following Capital Raise to Support Gold Streaming Strategy

Bluebird Mining Ventures Ltd (LSE:BMV) has admitted 1,149,983,767 new ordinary shares to trading on the Main Market of the London Stock Exchange, raising approximately £626,228 through a combination of a placing, direct subscription and WRAP retail offer. Additional shares were also issued to a trust, to directors and consultants in lieu of salary, and as consideration under an acquisition agreement.

The capital raise is intended to strengthen the company’s balance sheet and provide funding support for its growing pipeline of gold streaming and treasury opportunities. In parallel, Bluebird has outlined plans to expand its board in early 2026 through the appointment of additional non-executive directors, a move aimed at enhancing corporate governance and aligning board composition with the company’s longer-term growth ambitions. Following admission of the new shares, total voting rights now stand at 2,013,667,471 ordinary shares, establishing a revised base for shareholder disclosure thresholds.

Despite the balance sheet support, the company’s near-term outlook remains constrained by weak financial performance, characterised by the absence of revenue, ongoing losses and continued negative operating and free cash flow. Technical indicators also remain unfavourable, with the share price trading below key moving averages and momentum signals pointing lower. While low leverage provides some financial flexibility, valuation confidence is limited by the negative price-to-earnings ratio and the lack of dividend income.

More about Bluebird Mining Ventures

Bluebird Mining Ventures Ltd is a gold streaming and treasury company focused on building and managing a gold-backed treasury through streaming agreements. The model provides investors with exposure to physical gold without the operational and capital intensity of mining. The company targets streams linked to producing assets across the ore concentrate-to-bullion value chain, aiming to secure long-term gold flows that can be recycled into new transactions under a disciplined capital allocation and treasury management framework.