Director Dealings

RNS Number : 1967C

Bluebird Merchant Ventures Limited

11 April 2017

 

This announcement contains inside information

Bluebird Merchant Ventures LTD

("Bluebird" or the "Company")

Director Dealing

Bluebird Merchant Ventures LTD (EPIC: BMV), the South-East Asia focused resource development group announces that it was notified today that Aidan Bishop, Executive Director of the Company, has purchased 1.8 million ordinary shares representing 0.9242 per cent. in the Company ("Ordinary Shares") at 2.0 pence per Ordinary Share.

Following the transaction, Aidan Bishop's total beneficial holding in the Company has increased to 52,752,500 Ordinary Shares representing 27.0868 per cent. of the issued ordinary share capital of the Company.

About Bluebird Merchant Ventures LTD:  

Bluebird Merchant Ventures is a South-East Asia focused resource development group. Bluebird this week announced a joint Venture with ASX listed Southern Gold Ltd which has acquired a number of tenements within South Korea. Several old mines are located within these tenements and from these Bluebird has selected two, the Taechang and Gubong mines and will enter a 50:50 joint venture upon completion of a feasibility study in each mine.

The Gubong mine was once the second largest gold mine in South Korea and operated from 1908 until the early 1970's when the mine was closed due to a very low gold price. Although much less developed than Gubong, Taechang was a high grade producing mine.

For additional information on Bluebird Merchant Ventures, please visit: www.bluebird.com.ph.com

Enquiries: 

Bluebird Merchant Ventures Ltd	[phone]
Jonathan Morley-Kirk, Non-Executive Chairman
SP Angel Corporate Finance LLP Ewan Leggat	+ 44 (0)203 470 0470
Walbrook PR Limited	[phone]
Gary Middleton / Nick Rome

 

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