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Bluebird Merchant Ventures ( (GB:BMV) ) has shared an announcement.
Bluebird Mining Ventures Ltd has signed an agreement for its gold project in the Philippines, securing a 10% profit share in perpetuity and additional bonus payments tied to gold sales milestones. This agreement is expected to enhance the company’s revenue streams significantly. Additionally, Bluebird is advancing its strategy to convert future cash receipts into bitcoin, aligning with its vision of transforming physical gold into digital assets. The company is also preparing for the admission of new shares to trading, which will increase its total ordinary shares in issue.
More about Bluebird Merchant Ventures
Bluebird Mining Ventures Ltd is a pan Asian gold project development company operating in the mining sector, focusing on gold projects. The company is involved in developing gold resources and has a strategic interest in converting physical gold into digital assets like bitcoin.
Average Trading Volume: 27,822,460
Technical Sentiment Signal: Buy
Current Market Cap: £9.21M
See more data about BMV stock on TipRanks’ Stock Analysis page.