Entitlement Offer Update
Entitlement Offer Update
Perth, Feb 15, 2018 AEST (ABN Newswire) - Blackham Resources Limited (ASX:BLK) provides an update on the Company's fully underwritten, renounceable pro-rata entitlement offer ("Entitlement Offer") that closed on 12 February 2018.

Further to the Company's announcement dated 13 February 2018, the Company has finalised the allocation of New Shares and New Options (collectively, "Securities") to be issued pursuant to the Entitlement Offer. The following table sets out the number of Securities for which entitlement applications were received; the number of Additional Securities allocated to eligible shareholders in excess of their entitlement; and the number of Securities allocated to various sub-underwriters pursuant to the Underwriting Agreement with Hartleys Limited and in accordance with the Prospectus dated 22 January 2018.

No. of New Shares   No. of New Options   Gross Proceeds 

Securities available to be issued under the Entitlement Offer * 
897,670,586         448,835,293          $35,906,823 

Applications for entitlements under the Entitlement Offer 
658,747,196         329,373,508          $26,349,888 

Additional Securities to eligible shareholders 
63,493,909          31,746,935           $2,539,756 

Securities subscribed for by sub-underwriters 
175,429,481         87,714,740           $7,017,179 

Total Securities to be issued under the Entitlement Offer * 
897,670,586         448,835,183          $35,906,823  

* Variations between the "up to" amounts described in the Prospectus and the number of available Securities described in the table, as well as the further difference in the number of New Options to be issued, are due to the rounding of fractional entitlements

As set out in the Prospectus, the anticipated date for the issue of the Securities is 19 February 2018, with the despatch of holding statements and normal trading expected to commence on 20 February 2018.

About Blackham Resources Ltd

Blackham Resources ASX:BLKBlackham Resources Limited (ASX:BLK) (OTCMKTS:BKHRF) Wiluna-Matilda Gold Operation is located in Australia's largest gold belt which stretches from Norseman through Kalgoorlie to Wiluna. The Operation now includes resources of 96Mt @ 2.2g/t for 6.7Moz Au all within 20kms of the central processing facility. Blackham has consolidated the entire Wiluna Goldfield within a +1,440km2 tenure package which has historically produced in excess of 4.4 million ounces over a 120-year mining history.



Milan Jerkovic
Executive Chairman
+61 8 9322 6418

Bryan Dixon
Managing Director
+61 8 9322 6418

Jim Malone
Investor Relations Manager
+61 419 537 714

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