Brief: BMG Resources Received Commitments To Raise $4.0 Million Through A Private Placement

WA Gold

12/07/2021 01:06

July 12 (Reuters) - BMG Resources Ltd  BMG.AX :
    * COMMITMENTS RECEIVED TO RAISE $4.0 MILLION THROUGH A
PRIVATE
PLACEMENT OF SHARES
    * PROCEEDS WILL BE USED TO FUND MAJOR DRILLING AND
EXPLORATION
PROGRAMS AT WESTERN AUSTRALIAN GOLD PROJECTS
    * TOTAL OF 80 MILLION SHARES WILL BE ISSUED AT $0.05 PER
SHARE

Source text for Eikon:  ID:nASX8QsW3V 
Further company coverage:  BMG.AX 

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