Share Issuance, Debt Conversion, TR-1s and PDMRs

Bluebird Mining Ventures Ltd

18 September 2026

 

18 September 2026

Bluebird Mining Ventures Ltd

("BMV" or the "Company")

Share Issuance, Debt Conversion and Significant Shareholder and PDMR Notifications

Bluebird Mining Ventures Ltd (LSE: BMV) (the Company or BMV), the gold streaming, mining and treasury company, announces the completion of allocation of certain ordinary shares held on trust and the conversion into ordinary shares of £197,200 of indebtedness owed to Skylake Management LLP (Skylake) to simplify and deleverage the Company’s balance sheet.

Previously Announced Obligation

On 9 April 2026, the Company announced that a £150,000 obligation payable to Skylake would be satisfied through the issue of Ordinary Shares at a price of 0.5 pence per Ordinary Share. The Company will now issue 30,000,000 new Ordinary Shares (Restructuring Shares) subject to admission to trading on the Main Market (Admission) to Skylake in full satisfaction of this previously disclosed obligation. This does not represent a new cash subscription or additional consideration, but the settlement in Ordinary Shares of an existing obligation previously announced by the Company. For clarity, the separate £750,000 deferred obligation announced on 9 April 2026 remains outstanding and is unaffected by this issuance. 

Conversion of £197,200 Indebtedness

The Company wishes to preserve its cash for its operational activities and deleverage its balance sheet and therefore has agreed to convert the £197,200 creditor balance owed to Skylake into 328,666,667 new Ordinary Shares (Creditor Shares) a conversion price of 0.060 pence per Ordinary Share subject to Admission.  This price is based on a ~20% premium to the 30-day volume weighted average price (VWAP), a premium to the 90 day VWAP and represents a premium to the closing mid-price on 17 September 2026.  The £197,200 debt will be extinguished upon the admission to the Main Market of the Creditor Shares.

The £197,200 balance relates to creditor positions acquired by Skylake from third parties and was previously disclosed by the Company on 9 April 2026. At that time, the amount remained an outstanding liability of the Company.

Completion of Contractor Share Allocations

As previously detailed in the prospectus published by the Company on 16 January 2026 (Prospectus), the Company established a pool (Contractor Pool) of 350,000,000 ordinary shares of no par value (Ordinary Shares) for the purpose of remunerating secondees and/or contractors who provide services to the Company including but not limited to corporate governance, company secretarial services, finance services, business development services, operations assistance, marketing services and communications services (Contractor Beneficiaries) with these Ordinary Shares being held on trust for the Contractor Beneficiaries by Skylake.  

146,364,399 Ordinary Shares of the Contractor Pool were issued in April 2026 to Contractor Beneficiaries. The remaining 203,635,601 Ordinary Shares in the Contractor Pool have now been allocated to the Contractor Beneficiaries (New Contractor Shares) and are expected to be issued on 25 September 2026 immediately prior to Admission of the Restructuring Shares and the Creditor Shares. Following the issue of the New Contractor Shares this will settled sums owed to the relevant contractors for the period up to 30 June 2026.  The allocation of the Ordinary Shares in the Contractor Pool does not affect the 300,000,000 Ordinary Shares held by Skylake pursuant to the Company’s management incentive plan (Management Incentive Shares) which was detailed in the Prospectus. Although the milestones for this plan have been determined, no allocations have yet been made.

In relation to the 350,000,000 Ordinary Shares in the Contractor Pool the following allocations have been made to persons discharging management responsibility (PDMRs) or person closely associated with PDMRs:

Recipient	Role / Notes	Issued April for Jan-Apr 2026	September issue to bring balances up to end-June 2026	Total
Denis Rusinovich	Former Director of Operations	20,000,000	-	20,000,000
Frank Amato	Non-Executive Director	7,237,708	11,933,461	19,171,169
Hernan F Yellati	Non-Executive Director	7,237,708	11,933,461	19,171,169
John Webb	Board Advisor	5,483,112	9,040,486	14,523,598
Kunal Kathane	Operations	-	32,786,890	32,786,890
Paul Ray	Board Advisor	-	12,054,011	12,054,011
Skylake Management LLP	Skylake Team	80,000,000	93,341,487	173,341,487

Further details of these transactions by PDMRs in April are detailed below in the notifications received by the Company below pursuant to Article 19(1) of the retained EU law version of the EU Market Abuse Regulation (Regulation 596/2014) (UK MAR).  Further PDMR notifications are expected to be made following the issue of New Contractor Shares to the relevant contractors in September.

Related Party Transaction

Skylake is a related party of the Company by virtue of Sath Ganesarajah, Chief Executive Officer of BMV, controlling Skylake and pursuant to Disclosure Guidance and Transparency Rule (DTR) 7.3.8R the board of the Company has approved the issue of the Creditor Shares. 

Admission and Total Voting Rights

The Company has made an application to the London Stock Exchange plc for a total of 358,666,667 Ordinary Shares, being the Restructuring Shares and the Creditor Shares (New Shares), to be admitted to trading on the Main Market operated by the London Stock Exchange plc.  The New Shares are expected to be admitted to trading on the Main Market at 08:00am on 25 September 2026.

Following Admission of the New Shares, the Company's issued share capital will consist of 3,215,667,471 Ordinary Shares with voting rights. Each Ordinary Share carries the right to one vote in relation to all circumstances at general meetings of the Company. The Company does not hold any Ordinary Shares in treasury. The New Shares will rank pari passu with the existing Ordinary Shares.

Significant Shareholder notifications

The Company has received a number of notifications from Skylake pursuant to DTR 5.1.2R to reflect its ownership position since publication of the Prospectus. Skylake does not control the voting rights attached to the Incentive Shares and did not control the voting rights attached to the Ordinary Shares in the Contractor Pool (Contractor Pool Shares) prior to their allocation.  In respect of the notification as at 15 April 2026 we understand this includes the 93,333,333 Ordinary Shares of “Top-Up Shares” that the Company announced on 9 April 2026.  The Company expects a further notification from Skylake following the allotment of the New Shares Skylake.  After the allotment of these Ordinary Shares, the Company expects Skylake to hold voting rights in respect of 665,341,487 Ordinary Shares representing 20.69 % of the total voting rights in issue.

Under the terms of the trust deed under which the Contractor Pool Shares were issued to Skylake and Skylake still holds the Management Incentive Shares, the Company controls the voting rights attached to those Ordinary Shares whilst they are held in trust by Skylake.  Therefore, the Company is deemed to be an indirect holder of the voting rights attached to those Ordinary Shares (Trust Shares) despite not having an economic interest in those Ordinary Shares.  Due to its indirect interest, the Company is required to make significant shareholder notifications in respect of the Trust Shares under DTR 5.1.2R.   Upon any Trust Shares being allocated to Contractors the Company is required to treat this as a disposal of voting rights for the purposes of DTR 5.1.2R and therefore is required to make significant shareholder disclosures in respect of the allocation of the Contractor Pool Shares as and when the relevant thresholds in DTR 5.1.2R are crossed. 

None of the Trust Shares are treated as treasury shares and so they should be included in the figure used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Company under the Disclosure Guidance and Transparency Rules.  Details of the Company’s opening position in respect of the Trust Shares and the reduction in the number of voting rights held due to allocations of Contractor Pool Shares in April 2026 are detailed below. The Company intends to make a further significant shareholder notification upon the transfer of the New Contractor Shares by Skylake to the relevant contractors.

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:			Bluebird Mining Ventures Ltd
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)
Non-UK issuer						X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) iii:
3. Details of person subject to the notification obligation iv
Name			Bluebird Mining Ventures Ltd
City and country of registered office (if applicable)			Tortola, British Virgin Islands
4. Full name of shareholder(s) (if different from 3.) v
Name			Skylake Management LLP
City and country of registered office (if applicable)			London
5. Date on which the threshold was crossed or reached vi:			22/01/2026
6. Date on which issuer notified (DD/MM/YYYY):			17/09/2026
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached	32.27941	N/A		32.27941	650,000,000
Position of previous notification (if applicable)	N/A	N/A		N/A	N/A

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights ix					% of voting rights
		Direct (DTR5.1)		Indirect  (DTR5.2.1)			Direct (DTR5.1)		Indirect (DTR5.2.1)
Ordinary				650,000,000					32.27941
SUBTOTAL 8. A		650,000,000					32.27941
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration date x	Exercise/ Conversion Period xi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration date x		Exercise/ Conversion Period xi		Physical or cash Settlement xii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv				X
Name xv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Skylake Management LLP	32.27941		32.27941
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information xvi
The shares registered in this notification (the "Trust Shares") are held by Skylake Management LLP ("Skylake") pursuant to a deed of trust under which Bluebird Mining Ventures Ltd ("BMV") controls the voting rights attached to the Trust Shares. Accordingly, BMV is an indirect holder of the Trust Shares, which are legally held by Skylake as trustee for the beneficiaries of the trust, none of whom is BMV.

Place of completion	London
Date of completion	16.09.2026

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:			Bluebird Mining Ventures Ltd
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)
Non-UK issuer						X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) iii:
3. Details of person subject to the notification obligation iv
Name			Bluebird Mining Ventures Ltd
City and country of registered office (if applicable)			Tortola, British Virgin Islands
4. Full name of shareholder(s) (if different from 3.) v
Name			Skylake Management LLP
City and country of registered office (if applicable)			London
5. Date on which the threshold was crossed or reached vi:			15/04/2026
6. Date on which issuer notified (DD/MM/YYYY):			17/09/2026
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached	23.90296	N/A		23.90296	503,635,601
Position of previous notification (if applicable)	32.27941	N/A		32.27941	650,000,000

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights ix					% of voting rights
		Direct (DTR5.1)		Indirect  (DTR5.2.1)			Direct (DTR5.1)		Indirect (DTR5.2.1)
Ordinary				503,635,601					23.90296
SUBTOTAL 8. A		503,635,601					23.90296
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration date x	Exercise/ Conversion Period xi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration date x		Exercise/ Conversion Period xi		Physical or cash Settlement xii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv				X
Name xv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Skylake Management LLP	23.90296		23.90296
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information xvi
The shares registered in this notification (the "Trust Shares") are held by Skylake Management LLP ("Skylake") pursuant to a deed of trust under which Bluebird Mining Ventures Ltd ("BMV") controls the voting rights attached to the Trust Shares. Accordingly, BMV is an indirect holder of the Trust Shares, which are legally held by Skylake as trustee for the beneficiaries of the trust, none of whom is BMV.

Place of completion	London
Date of completion	16.09.2026

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:			Bluebird Mining Ventures Ltd
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)
Non-UK issuer						X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights						X
Other (please specify) iii:
3. Details of person subject to the notification obligation iv
Name			Bluebird Mining Ventures Ltd
City and country of registered office (if applicable)			Tortola, British Virgin Islands
4. Full name of shareholder(s) (if different from 3.) v
Name			Skylake Management LLP
City and country of registered office (if applicable)			London
5. Date on which the threshold was crossed or reached vi:			28/04/2026
6. Date on which issuer notified (DD/MM/YYYY):			17/09/2026
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached	17.62812	N/A		17.62812	503,635,601
Position of previous notification (if applicable)	23.90296	N/A		23.90296	503,635,601

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights ix					% of voting rights
		Direct (DTR5.1)		Indirect  (DTR5.2.1)			Direct (DTR5.1)		Indirect (DTR5.2.1)
Ordinary				503,635,601					23.90296
SUBTOTAL 8. A		503,635,601					23.90296
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration date x	Exercise/ Conversion Period xi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration date x		Exercise/ Conversion Period xi		Physical or cash Settlement xii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv				X
Name xv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Skylake Management LLP	17.62812		17.62812
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information xvi
The shares registered in this notification (the "Trust Shares") are held by Skylake Management LLP ("Skylake") pursuant to a deed of trust under which Bluebird Mining Ventures Ltd ("BMV") controls the voting rights attached to the Trust Shares. Accordingly, BMV is an indirect holder of the Trust Shares, which are legally held by Skylake as trustee for the beneficiaries of the trust, none of whom is BMV.

Place of completion	London
Date of completion	16.09.2026

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:			Bluebird Mining Ventures Ltd
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)
Non-UK issuer						X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) iii:
3. Details of person subject to the notification obligation iv
Name			Skylake Management LLP
City and country of registered office (if applicable)			London
4. Full name of shareholder(s) (if different from 3.) v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached vi:			15/04/2026
6. Date on which issuer notified (DD/MM/YYYY):			17/09/2026
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached	10.12498	N/A		10.12498	213,333,333
Position of previous notification (if applicable)	N/A	N/A		N/A	N/A

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights ix					% of voting rights
		Direct (DTR5.1)		Indirect  (DTR5.2.1)			Direct (DTR5.1)		Indirect (DTR5.2.1)
Ordinary		213,333,333					10.12498
SUBTOTAL 8. A		213,333,333					10.12498
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration date x	Exercise/ Conversion Period xi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration date x		Exercise/ Conversion Period xi		Physical or cash Settlement xii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv				X
Name xv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Sath Ganesarajah	10.12498		10.12498
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information xvi
The shares registered in this notification are those beneficially held by Skylake Management LLP (“Skylake”) and exclude shares held on trust by Skylake for third parties over which Skylake hold no control over the voting rights.

Place of completion	London
Date of completion	16.09.2026

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:			Bluebird Mining Ventures Ltd
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)
Non-UK issuer						X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights						X
Other (please specify) iii:
3. Details of person subject to the notification obligation iv
Name			Skylake Management LLP
City and country of registered office (if applicable)			London
4. Full name of shareholder(s) (if different from 3.) v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached vi:			28/04/2026
6. Date on which issuer notified (DD/MM/YYYY):			17/09/2026
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached	7.46704	N/A		7.46704	213,333,333
Position of previous notification (if applicable)	10.12498	N/A		10.12498	213,333,333

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights ix					% of voting rights
		Direct (DTR5.1)		Indirect  (DTR5.2.1)			Direct (DTR5.1)		Indirect (DTR5.2.1)
Ordinary				213,333,333					7.46704
SUBTOTAL 8. A		213,333,333					7.46704
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration date x	Exercise/ Conversion Period xi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration date x		Exercise/ Conversion Period xi		Physical or cash Settlement xii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv
Name xv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Sath Ganesarajah	7.46704%
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information xvi
Holding diluted due to placing.

Place of completion	London
Date of completion	16.09.2026

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Denis Rusinovich
2	Reason for the notification
a)	Position/status	Former Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, UK emission allowance market participant, auction platform or auctioneer
a)	Name	Bluebird Mining Ventures Ltd
b)	LEI	213800QLGKFZHML52C51
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares VGG118701058
b)	Nature of the transaction	Transfer of ordinary shares from a share incentive trust operated by Skylake Management LLP under a trust deed dated 16 January 2026.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.0015	20,000,000
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2026-04-15
f)	Place of the transaction	London – Off Market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Frank Amato
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, UK emission allowance market participant, auction platform or auctioneer
a)	Name	Bluebird Mining Ventures Ltd
b)	LEI	213800QLGKFZHML52C51
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares VGG118701058
b)	Nature of the transaction	Transfer of ordinary shares from a share incentive trust operated by Skylake Management LLP under a trust deed dated 16 January 2026.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.00076	7,237,708
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2026-04-15
f)	Place of the transaction	London – Off Market

Details of the person discharging managerial responsibilities/person closely associated
Name	Hernan Yellati
Reason for the notification
Position/status	Non-Executive Director
Initial notification/Amendment	Initial notification
Details of the issuer, UK emission allowance market participant, auction platform or auctioneer
Name	Bluebird Mining Ventures Ltd
LEI	213800QLGKFZHML52C51
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument Identification code	Ordinary Shares VGG118701058
Nature of the transaction	Transfer of ordinary shares from a share incentive trust operated by Skylake Management LLP under a trust deed dated 16 January 2026.
Price(s) and volume(s)	Price(s)	Volume(s)
	£0.00076	7,237,708
Aggregated information - Aggregated volume - Price	N/A (single transaction)
Date of the transaction	2026-04-15
Place of the transaction	London – Off Market

Details of the person discharging managerial responsibilities/person closely associated
Name	John Webb
Reason for the notification
Position/status	Board Advisor
Initial notification/Amendment	Initial notification
Details of the issuer, UK emission allowance market participant, auction platform or auctioneer
Name	Bluebird Mining Ventures Ltd
LEI	213800QLGKFZHML52C51
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument Identification code	Ordinary Shares VGG118701058
Nature of the transaction	Transfer of ordinary shares from a share incentive trust operated by Skylake Management LLP under a trust deed dated 16 January 2026.
Price(s) and volume(s)	Price(s)	Volume(s)
	£0.00076	5,483,112
Aggregated information - Aggregated volume - Price	N/A (single transaction)
Date of the transaction	2026-04-15
Place of the transaction	London – Off Market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Skylake Management LLP
2	Reason for the notification
a)	Position/status	PCA
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, UK emission allowance market participant, auction platform or auctioneer
a)	Name	Bluebird Mining Ventures Ltd
b)	LEI	213800QLGKFZHML52C51
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares VGG118701058
b)	Nature of the transaction	Issue of ordinary shares in satisfaction of the debt owed by the company.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.005	40,000,000
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2026-01-22
f)	Place of the transaction	London – Off Market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Skylake Management LLP
2	Reason for the notification
a)	Position/status	PCA
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, UK emission allowance market participant, auction platform or auctioneer
a)	Name	Bluebird Mining Ventures Ltd
b)	LEI	213800QLGKFZHML52C51
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares VGG118701058
b)	Nature of the transaction	Issue of ordinary shares in satisfaction of the debt owed by the company.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.0015	173,333,333
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	2026-04-15
f)	Place of the transaction	London – Off Market

For further information, please contact;

Bluebird Mining Ventures Ltd
Sath Ganesarajah, Chief Executive Officer	c/o Yellow Jersey PR
Yellow Jersey PR
Charles Goodwin / Annabelle Wills	[phone]

Investor questions on this announcement

We encourage all investors to share questions on this announcement via our investor hub: https://bmvbtc.com/announcements.

About Bluebird Mining Ventures Ltd

Bluebird Mining Ventures Ltd (LSE: BMV) is a gold streaming, mining and treasury company focused on building long-term shareholder value through disciplined capital allocation into scarce real-world assets.

The Company applies a capital-light streaming and royalty model across opportunities in metals, energy and treasury management, seeking to generate recurring cash flows while maintaining a strong focus on balance sheet discipline and long-term net asset value growth.

Drawing on its heritage in precious metals, BMV aims to develop scalable investment platforms that provide exposure to scarce assets without the operational risks associated with direct ownership or operation.

For more information, please visit www.bmvbtc.com.

 

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