CAPITAL MARKETS

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.

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

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 1.5c each....

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