Business
Strategy Update
Bluebird Mining Ventures Ltd has concluded its strategic review and is transitioning to a gold-focused streaming and treasury model, aiming for cashflow generation, balance-sheet resilience, and scalable exposure to physical gold. The company will establish a gold streaming and treasury platform to deliver long-term value through reserve growth and structured yield, focusing on direct bullion exposure without mine ownership risks and utilizing Bitcoin as a settlement mechanism where appropriate. Efforts continue in Korea to secure permits and assess partnerships, with selective mining-adjacent investments also being evaluated to complement the new strategy. Disclaimer*

About this update from Bluebird Mining Ventures Ltd.
[{"type":"text","content":"\n\n \n2 December 2025\nBluebird Mining Ventures Ltd\n \n(\"BMV or the \"Company\")\n \nStrategy Update\n \nBluebird Mining Ventures (LSE:BMV) announces the conclusion of its strategic review and confirms its transition to a gold-focused streaming and treasury model. The review assessed operations, capital allocation, and prevailing conditions across precious metals and digital assets. The Company is now concentrating on cashflow generation, balance-sheet resilience, and scalable exposure to physical gold.\n \nNew growth strategy\nBMV is establishing a gold streaming and treasury platform designed to deliver long-term, compounding value through reserve growth and structured yield. Investor interest has centred on tangible, income-producing assets and transparent access to bullion. The revised strategy reflects this shift.\n \nKey elements of the strategy:\n· Gold streaming and treasury platform - Structured gold streaming agreements and disciplined treasury management that combine predictable yield with verifiable reserve accumulation.\n· Direct bullion exposure - Scalable exposure to physical gold without the operational and execution risks associated with mine ownership.\n· Capital-efficient growth - Focus on multi-year streams across the ore-to-bullion value chain, securing recurring gold flows that can be recycled into new transactions.\n· Use of Bitcoin as a payment rail - Bitcoin may be used solely as a settlement mechanism including in jurisdictions with exchange-control constraints, subject to the Company's internal gross-asset limit.\n· Korea - Continued efforts to secure required permits and assess suitable partnership opportunities, aligned with the improved outlook for gold assets. An update will follow in due course.\n· Selective mining-adjacent investments - Evaluation of near-term cashflow opportunities that support and complement the streaming and treasury model.\n \nThis strategy positions BMV as a focused, capital-efficient platform combining the stability of physical gold with the scalability of streaming structures.\n \nSath Ganesarajah, Chief Executive Officer, of BMV stated: \"BMV's new strategy positions the company as a next-generation gold streaming and treas...