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Black Cat raises $35M for gold acquisition

BLACK Cat Syndicate has successfully raised A$35 million as part of its acquisition of Northern Star Resources' Paulsens operation in Western Australia and Western Tanami project in the Northern Territory.

Kristie Batten
Black Cat raises $35M for gold acquisition

Both are former producing operations with mills. The A$44.5 million consideration comprises $14.5 million cash up-front and the issue of 8.34 million Black Cat shares at 60c each. Black Cat will...

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