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BMV Bluebird Merchant Ventures Ltd

0.625
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bluebird Merchant Ventures Ltd LSE:BMV London Ordinary Share VGG118701058 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.625 0.60 0.65 0.625 0.625 0.625 2,000,000 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 0 -1.49M -0.0022 -2.82 4.28M

Bluebird Merchant Ventures Limited Further re Business Update (9522E)

11/11/2020 7:00am

UK Regulatory


Bluebird Merchant Ventures (LSE:BMV)
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RNS Number : 9522E

Bluebird Merchant Ventures Limited

11 November 2020

Bluebird Merchant Ventures Ltd

(the " Company" or " Bluebird")

Further Re Business Update

Bluebird Merchant Ventures (EPIC: BMV), the Korean focused gold development group is pleased to provide a further update to the previous Business Update announced on 12 October 2020 with regards to the acquisition of Southern Gold's 50% interest in the Gubong and Kochang gold mines.

The Independent Expert has been appointed as previously announced. Whilst the Joint Venture Agreement stipulated that the determination had to be made within thirty days, the agreement didn ' t allow for a period for the submission of various documentation. As the process is underway, both Company ' s have agreed to the request of the Independent Expert to extend the period and to conclude the process during the early part of December. The Company will update the market in due course.

Prior to the conclusion of the acquisition process the Company expects to provide further positive updates from South Korea this month.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU 596/2014 ("MAR").

Enquiries:

 
 Bluebird Merchant Ventures Ltd        jmk@bluebirdmv.com 
 Jonathan Morley-Kirk, Non-Executive 
  Chairman 
 

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END

FURFFSSIFESSEEF

(END) Dow Jones Newswires

November 11, 2020 02:00 ET (07:00 GMT)

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