CAPITAL MARKETS

Blackham signals expansion strategy backing

WILUNA gold miner Blackham Resources has signaled it has the backing for its strategy to expand its Matilda operation past the 200,000 ounce per annum mark by signing a A$72 million deal with North American backer Lind Partners.

Michael Quinn
Blackham signals expansion strategy backing

The funding arrangement, which gives Blackham the ability to sell shares worth up to $3 million per month for the next 24 months, appears designed to give the gold miner the breathing space and wherewithal...

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