Blackham Resources Limited (ASX:BLK) (OTCMKTS:BKHRF) advises that in accordance with the timetable for the recently announced pro-rata renounceable entitlement issue, the Company has despatched the Entitlement Offer prospectus together with an Entitlement and Acceptance Form to Eligible Shareholders.

Under the entitlement issue, Eligible Shareholders will be entitled to subscribe for two (2) New Shares for every seven (7) shares held on the Record Date for an issue price of $0.12 per New Share.

As a reminder the timetable for the Entitlements Offer is set out below.

Key dates for the Entitlement Offer

Event: Prospectus lodged with ASIC
Date: Following close of business on Wednesday, 29 November 2017

Event: Prospectus released to ASX
Date: Following close of business on Wednesday, 29 November 2017

Event: Notification of option holders, who cannot participate in the Entitlement Offer without first exercising their options, about the Entitlement Offer
Date: Thursday, 30 November 2017

Event: Letter to security holders containing the information required by Appendix 3B
Date: Thursday, 30 November 2017

Event: "Ex" date (being the date that Shares start trading without the Entitlements to participate in the Entitlement Offer)
Date: Monday, 4 December 2017

Event: Rights trading starts on a deferred settlement basis
Date: Monday, 4 December 2017

Event: Record Date to determine Entitlements
Date: 5.00pm (WST) on Tuesday, 5 December 2017

Event: Opening Date of Entitlement Offer
Date: Wednesday, 6 December 2017

Event: Despatch of the Prospectus and Entitlement and Acceptance Form to Eligible Shareholders
Date: Wednesday, 6 December 2017

Event: Rights trading ends
Date: Friday, 8 December 2017

Event: Shares quoted on a deferred settlement basis
Date: Monday, 11 December 2017

Event: Last day to extend the Closing Date for the Entitlement Offer
Date: Tuesday, 12 December 2017

Event: Closing Date for acceptances under the Entitlement Offer
Date: 5.00pm (WST) on Friday, 15 December 2017

Event: ASX notified of under subscriptions under the Entitlement Offer
Date: Tuesday, 19 December 2017

Event: Issue Date of New Shares and deferred settlement trading of New Shares ends
Date: Thursday, 21 December 2017

Event: Trading of New Shares expected to commence
Date: Friday, 22 December 2017

Event: Holding statements despatched
Date: Friday, 22 December 2017

Event: Shortfall offer closing date
Date: Thursday 4 January 2018

Event: Last day to issue share under shortfall offer
Date: Monday, 8 January 2018

These dates are indicative only and are subject to change. The Company reserves the right, subject to the Corporations Act and the Listing Rules, to extend these dates without prior notice including extending the last date for receipt of the Entitlement and Acceptance Form, or to delay or withdraw the Entitlement Offer at any time without prior notice. If withdrawn, all Application Monies for New Shares which have not been issued will be refunded (without interest) as soon as practicable.

For further information please contact Link Market Services Limited on 1300 730 659 (Information) or 08-9211 6670 (Perth office).


About Blackham Resources Ltd

Blackham Resources Limited (ASX:BLK) (OTCMKTS:BKHRF), is an emerging gold producer focused on its Matilda Gold Project in Western Australia where mining and production is imminent. The Matilda/Wiluna Gold Operation incorporates over 1,000 square kilometres of tenements containing total JORC 2012 resources of 63Mt @ 3.2 g/t for 6.4Moz of gold. These tenements cover around 55 kilometres of strike along the Wiluna Mine Sequence and 10 kilometres of strike along the Coles Find Sequence. The Wiluna Mine and Coles Find Sequence has historically produced 4 million ounces of gold.

All the deposits are within 26 kilometres by existing haul roads of Blackhams recently acquired Gold Plant. With exploration prospects at Mt Poole, Monarch, Carroll Prior, Red Lady, Zenith, Island and Albion in the Lakeway area provides the company with excellent exploration areas for potential future projects.

   

Contact

Blackham Resources Ltd
T: +61-8-9322-6418
F: +61-8-9322-6398
WWW: www.blackhamresources.com.au



Link: Entitlement Offer Despatched



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