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Bluebird Merchant Ventures sorts non-dilutive funding to bring both Korea mines into production

Bluebird Merchant Ventures sorts non-dilutive funding to bring both Korea mines into production

Bluebird Merchant Ventures Ltd's (LON:BMV) Aidan Bishop tells Proactive London's Andrew Scott they've agreed US$5mln of debt finance for its gold mine projects in South Korea.

The borrowings will be repaid by production from the Gobang and Kochang mines.

''It's a great time for the company .. it's been quite a difficult journey, but gold now is going up. I don't think there could be a better time to be a near term gold producer'', Bishop says.