Blackham raises A$20m for Matilda

March 14, 2016

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Gold developer Blackham Resources has raised A$20.3-million through a share placement to fund its 4.7-million-ounce Matilda gold project, in Western Australia.

The shares have been placed under the company’s 15% placement capacity and would be priced at 45c each, representing a 9.9% discount of the company’s 15-day volume weighted average price.

Category: General