Walbrook PR, which provides high quality Financial PR and Investor Relations to Small Cap and AIM listed companies, announces its appointment as Financial PR advisor to BlueBird Merchant Ventures Ltd, a minerals company with assets in the Philippines, and Be Heard group plc, which is building a network of digital companies spanning the marketing services, technology and e-commerce sectors across the UK, the US and Europe.
BlueBird recently announced its intention to float on the Official list in early December. The Company currently trades high grade copper concentrates of Philippine origin and has entered into an agreement with ASX listed Red Mountain Mining Ltd and Red Mountain Mining Singapore Ltd ("RMMS"). �This agreement gives BMV the Option to acquire 50.1% of RMMS which is developing an advanced stage gold project with established mineral resources and where a Definitive Feasibility Study is currently being concluded. The Company's strategy is to further develop its mineral trading business by identifying additional opportunities in the Philippines and make further investments in attractive advanced projects that are at a stage where production is a realistic near term goal.
The BlueBird account will be headed up by Walbrook's Gary Middleton, who commented: "Bluebird Merchant Ventures will get those who still like the natural resource sector revved up as it combines cash generative commodity trading as well as exploration/development of a very nice gold asset. The company is concentrating on the Philippines which hosts some of the richest copper and gold deposits in the world. Walbrook is proud to be retained through the IPO and beyond by Bluebird which with its fast route to cashflow should help draw attention back to the sector."
This morning Be Heard Group plc, formerly cash shell Mithril Capital, announced that it is raising £5.5m and moving from the Official List to AIM, all of which is expected to conclude on 23 November 2015.
Be Heard Group plc has acquired London digital media and analytics business Agenda 21, as part of a digital media and marketing consolidation effort headed by Peter Scott, founder of one of the UK's biggest Ad agencies, WCRS, and formerly Chairman and CEO of Engine Group a leading media & marketing agency. During his time at Engine he took it from being a business with 120 people and revenues of c. £15m to over 1,000 people globally and revenues of £125m in 2014 when he left. BeHeard is being supported by serial small cap investor Nigel Wray who will take a 10% stake in the business, with other participants in the fundraise including Artemis, Henderson Global Investors and Dowgate Capital.
Paul McManus, Walbrook Managing Director, said: "There is a huge shift towards digital advertising and marketing which presents a significant opportunity for Be Heard Group to create a new digitally-centric network that will bring together the best in digital marketing, data and e-commerce under one roof. Peter Scott has a great reputation in digital media and marketing and a strong track record for building businesses of considerable value in this sector. We look forward to supporting them as they deliver on their acquisition strategy with the second deal targeted for the first half of next year."
Walbrook will manage communications with the financial media, research analysts and investors for both companies in the build up to and following their listing.