-+ 0.00%
-+ 0.00%
-+ 0.00%
Bluebird Mining Ventures Divests South Korean Assets
Share
Listen to the news
03:23 AM EDT, 09/02/2026 (MT Newswires) -- Bluebird Mining Ventures (BMV.L) completed the sale of its interests in South Korean assets, eliminating future funding commitments and allowing it to focus on its gold streaming, mining, and treasury strategy. The London-listed gold streaming and treasury company said Wednesday it sold its entire interest in the Gubong and Kochang projects, together with associated funding obligations and liabilities, to Canadian mining investment company 1575275 B.C. Ltd. The company received a nominal cash amount and retained a 2.5% net smelter return royalty over the projects. The deal also includes royalty buy-back rights in favour of the buyer, exercisable for consideration of $2.5 million in respect of each royalty.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending