Brief: Blackgold Natural Resources enters into placement agreement

Blackgold Natural Resources

27/03/2017 24:48

March 27 (Reuters) - Blackgold Natural Resources Ltd 
 BLAC.SI : 
    * Entered into a placement agreement with sac capital 
private limited 
    * Company confirms that proposed placement will not result 
in any transfer of controlling interest in company. 
    * Co to offer 35.9 million new ordinary sahres at an issue 
price of s$0.09 per placement share 
    * Proposed placement will allow company to raise net cash 
proceeds after deducting estimates expenses of about s$3.15 
million 
 
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