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Bluebird Merchant Ventures ( (GB:BMV) ) has issued an update.
Bluebird Mining Ventures Ltd has made significant progress in monetizing its Philippine project, with an agreement framework now being drafted for execution. This agreement, expected to conclude soon, will allow the company to retain a net profit interest and capture bonus revenues based on gold prices, eliminating further expenditure commitments. Additionally, Bluebird is advancing its ‘digital gold’ strategy, aiming to integrate gold streaming with a Bitcoin in Treasury approach, marking a potential new phase of growth and value creation for shareholders.
More about Bluebird Merchant Ventures
Bluebird Mining Ventures Ltd is a pan Asian gold project development company, focusing on monetizing its flagship project in the Philippines. The company is involved in the mining sector and is listed on the FTSE market.
Average Trading Volume: 9,783,922
Technical Sentiment Signal: Sell
Current Market Cap: £4.6M
Learn more about BMV stock on TipRanks’ Stock Analysis page.
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