Blackham in transformational raising

Reprinted from: MiningNews.net

BLACKHAM Resources has unveiled a debt and equity funding package of up to
$92.2 million to explore and expand the Wiluna gold mine in Western
Australia.

London-based Arlington Group Asset Management has been appointed lead manager to an
underwritten $52 million equity raising, supported by Ironbridge Capital Partners and Tectonic
Advisory Partners (acting through Ecoban Securities Corporation).

The raising comprises an oversubscribed two-tranche placement to raise $26 million, as well as a
four-for-nine entitlement offer to raise a further $26.2 million.

Read the full article on the MiningNews.net website.