Brief: Blackgold Natural Resources Responds To SGX And Sponsor's Queries

Blackgold Natural Resources

18/09/2018 14:44

Sept 18 (Reuters) - Blackgold Natural Resources Ltd
 BLAC.SI :
    * BLACKGOLD NATURAL RESOURCES RESPONDS TO SGX AND SPONSOR'S
QUERIES
    * THERE HAS BEEN NO OUTCOME ON RIAU-1 PROJECT TO DATE
    * NOT AWARE OF ANY DEFINITIVE DECISION BY CONSORTIUM ON
WHETHER TO
SUSPEND/REVOKE/PROCEED WITH RIAU-1 PROJECT
    * GROUP HAS SPENT ABOUT SGD 1.6 MILLION ON RIAU-1 PROJECT
    * CO DOES NOT EXPECT TO BE EXPENDING FURTHER RESOURCES ON
RIAU-1
PROJECT
    * UNDERSTANDS THAT INVESTIGATIONS IN INDONESIA ARE CURRENTLY
ONGOING

Source text for Eikon:  ID:nSNZ6X4X88 
Further company coverage:  BLAC.SI 

 ((Reuters.Briefs@thomsonreuters.com;))