Strategic Streaming, Treasury and Asset Update

Bluebird Mining Ventures Ltd

06 July 2026

 

6 July 2026

Bluebird Mining Ventures Ltd

("BMV" or the "Company")

Strategic Streaming, Treasury and Asset Update

Bluebird Mining Ventures Ltd (LSE: BMV), the gold streaming, mining and treasury company, is pleased to provide the following update regarding the continued execution of its streaming and treasury strategy, including operational progress across its streaming activities, treasury management, and development of a new structured liquidity initiative.

Streaming and Operating Business Update

The Company continues to develop its streaming business across precious metals and digital asset-related opportunities.

During June 2026, the Company delivered its second consecutive month of revenue generation from operating assets, representing further progress in its transition towards a recurring cash flow model. As part of this, the Company brought a Bitcoin streaming agreement into operation on 22 June 2026. The asset generated approximately US$3,379 of revenue during June, reflecting the partial-month contribution from this new operating asset.

The Company expects to report future revenue from this asset in the ordinary course as part of its ongoing monthly updates. This further expands the Company's digital asset-linked revenue streams and supports its strategy of building a diversified portfolio of income-generating assets.

Decentralised finance ("DeFi") markets

In addition, during June the Company carried out a number of small-scale test strategies within DeFi markets, using part of its digital asset holdings to assess potential yield opportunities.

DeFi refers to blockchain-based financial applications that operate through digital protocols and smart contracts, rather than through traditional banks or financial intermediaries. DeFi is not, of itself, a single regulated product. However, specific crypto assets, platforms, services, promotions or related activities may fall within current or future regulatory regimes, including those applicable in the United Kingdom.

The Company's DeFi activity remains exploratory and limited in scale. The focus is on understanding operational processes, risk controls, liquidity, counterparty and smart contract risk, and the potential role such activity may have within the Company's broader treasury strategy.

The Company remains focused on expanding its portfolio of productive assets and growing recurring yield through disciplined capital allocation.

Gold Streaming Opportunities

Development work continues on BMV's flagship gold streaming opportunity, which the Company believes has the potential to become a cornerstone investment within the portfolio.

In parallel, management continues to evaluate additional streaming and royalty opportunities, with a focus on near- and medium-term cash-generative transactions offering strong downside protection and attractive risk-adjusted returns.

Strategic Initiative: Gold-Backed Structured Streaming Facility

BMV is working with industry participants, including refineries, vault providers and advisers, to assess the development of a structured commercial solution for gold producers.

The proposed structure is intended to help producers access liquidity secured against gold inventory, while retaining exposure to future movements in the gold price. The Company believes this may be of interest to producers seeking an alternative to traditional long-term streaming arrangements or covenant-heavy debt financing.

The initiative remains at an early stage and there can be no certainty that it will be completed, launched, or generate revenue for the Company. The Company is working with legal, financial and regulatory advisers to assess the appropriate structure and compliance framework.

The proposed initiative is not intended to constitute debt financing, lending or a banking facility. It is being developed as a proprietary commercial streaming solution aligned with the Company's stated strategy.

Structural Market Gap

Gold producers have historically faced limited financing options, typically involving either permanent asset divestment through traditional long-term streaming arrangements or restrictive, covenant-heavy debt financing. In addition, flexible liquidity solutions have often been inaccessible to mid-tier and junior producers.

This initiative is designed to introduce institutional-grade liquidity combined with structural flexibility, enabling producers to access near-term cash flow without sacrificing long-term upside exposure to their underlying gold inventory.

Key Features and Parameters

·      Scalable Quantum: Approximately US$50,000 to over US$100 million

·      Flexible Tenors: One month to five years

·      Capital Efficiency: Immediate liquidity with streamlined execution

·      Asset Preservation: Retention of upside exposure to gold price

Development Status

This initiative remains at an early stage. The Company is working with specialised legal, financial and regulatory advisors to establish a robust and fully compliant framework.

For the avoidance of doubt, this initiative does not constitute debt financing, lending or a banking facility. It is being developed strictly as a proprietary commercial streaming solution aligned with the Company's strategy.

The Company believes this facility has the potential to become a non-dilutive financing tool for gold producers. Gold producers and industry participants wishing to explore this facility further are invited to make initial contact with the Company at: [e-mail].

Further updates will be provided as the structure progresses.

Treasury Activities

The Company continues to maintain exposure to both gold and Bitcoin as part of its treasury strategy. Management remains constructive on the long-term role of scarce monetary assets and continues to view treasury management as a core component of shareholder value creation.

Net Asset Value (NAV) Summary

BMV's core objective is to increase real-asset-backed NAV per share over time. The progress achieved during June highlights the effectiveness of this strategy, as the Company continues to convert capital into productive, income-generating assets while maintaining disciplined capital allocation.

NAV Summary expressed in USD, Gold (Ounces), Bitcoin and on a per share basis.

As of 30 June, 2026:

Expressed in United States Dollars (USD)

	USD	Per Ten Million Shares	MoM (%)	YTD (%)
Total Streaming NAV	449,059	1600	-13%
Total Treasury NAV	693,623	2400	-6%
Total NAV	1,142,682	4000	-8%	761%

Expressed in Gold (Ounces)

	Gold (Oz)	Per Ten Million Shares	MoM (%)	YTD (%)
Total Streaming NAV	112	0.392	-1%
Total Treasury NAV	173	0.606	7%
Total NAV	285	0.998	3%	830%

Expressed in Bitcoin (BTC)

	BTC	Per Ten Million Shares	MoM (%)	YTD (%)
Total Streaming NAV	8	0.027	5%
Total Treasury NAV	12	0.041	13%
Total NAV	20	0.068	10%	1,223%

NAV Breakdown

	USD	% Allocation
STREAMING
Texas Stream*	131,490	11.5%
Cascadia Stream*	317,569	27.8%
Total Streaming	449,059	39.3%
TREASURY
Physical Gold (Monetary Metals)	27,732	2.4%
Bitcoin (BTC)	309,113	27.1%
Babylon	7	0.0%
Tether Gold (XAUT)	356,770	31.2%
Total Treasury	693,623	60.7%
Total NAV	1,142,682	100.0%

Notes:

1. Total Shares Outstanding: 2,857,000,804.

2. *These are physical miners in inventory.

3. MoM (%) and YTD (%) figures represent growth on a per share basis.

Sath Ganesarajah, Chief Executive Officer of BMV, commented: "June marked our second consecutive full-month of operating revenue, alongside the activation of a new Bitcoin streaming asset that further expands our digital income base. This reflects the continued maturation of BMV's streaming platform as we build a diversified, yield-generating business across both Bitcoin and gold. We believe the platform we are building is well-positioned to scale recurring cash flow and deliver long-term value for shareholders."

For further information, please contact:

Bluebird Mining Ventures Ltd
Sath Ganesarajah, Chief Executive Officer	c/o [phone]
Gracechurch Group
Harry Chathli, Alexis Gore, Anysia Virdi	[phone]

About Bluebird Mining Ventures Ltd

Bluebird Mining Ventures (LSE: BMV) is a gold streaming, mining and treasury company. The Company's mission is to build and manage a gold-backed treasury through streaming agreements, providing investors with exposure to physical gold without the operational risk of mining.

BMV focuses on streams from producing assets within the ore-concentrate-to-bullion value chain. Its investments secure multi-year flows of gold that can be recycled into new transactions. This model enables scalable exposure to gold without capital expenditure, or execution risks.

Drawing on its heritage in gold, BMV combines the stability of physical bullion with the benefits of a scalable, disciplined business model. With a focus on prudent capital allocation and treasury management, BMV aims to deliver sustainable, long-term value for shareholders.

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

 

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