Battling Blackham bangs tin for funds

BLACKHAM Resources’ capital structure is taking a huge hit as the company raises A$26 million to repay MACA and Lind Partners a combined $10 million and “position” the battling gold miner for expanded production.

Battling Blackham bangs tin for funds Battling Blackham bangs tin for funds Battling Blackham bangs tin for funds Battling Blackham bangs tin for funds Battling Blackham bangs tin for funds

It been a tough period at the coal face for gold miner Blackham at Wiluna, WA

Issued shares will more than double to nearly 3.1 billion on an undiluted basis (and up towards 4 billion fully diluted), with the fully underwritten entitlements issue pricing new shares at 1.

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