Extension of Share Purchase Plan
The SPP entitles eligible shareholders to purchase up to $30,000 worth of shares in the Company at $0.01 per share.
The Directors believe that the extension will allow eligible shareholders more time to take advantage of the SPP offer.
Funds from the SPP will be used to fund key mine development work programs that will underpin Blackham's FY20 production, including pre-production activities at the Williamson open pit, new tailings storage facility and rod mill refurbishment, and for general working capital purposes.
As a result of the extension to the closing date, the SPP indicative timetable has been revised.
To view the new timetable, please visit:
About Blackham Resources Ltd
Blackham Resources Limited (ASX:BLK) (OTCMKTS:BKHRF) Wiluna-Matilda Gold Operation is located in Australia's largest gold belt which stretches from Norseman through Kalgoorlie to Wiluna. The Operation now includes resources of 96Mt @ 2.2g/t for 6.7Moz Au all within 20kms of the central processing facility. Blackham has consolidated the entire Wiluna Goldfield within a +1,440km2 tenure package which has historically produced in excess of 4.4 million ounces over a 120-year mining history.
Blackham Resources Ltd