The Directors of Blackham Resources Limited (
The SPP entitles eligible shareholders to purchase up to $30,000 worth of shares in the Company at $0.01 per share.
The Directors believe that the extension will allow eligible shareholders more time to take advantage of the SPP offer.
Funds from the SPP will be used to fund key mine development work programs that will underpin Blackham's FY20 production, including pre-production activities at the Williamson open pit, new tailings storage facility and rod mill refurbishment, and for general working capital purposes.
As a result of the extension to the closing date, the SPP indicative timetable has been revised.
To view the new timetable, please visit:
https://abnnewswire.net/lnk/9M6J71L7
About Wiluna Mining Corporation Ltd
Wiluna Mining Corporation (ASX:WMC) (OTCMKTS:WMXCF) is a Perth based, ASX listed gold mining company that controls over 1,600 square kilometres of the Yilgarn Craton in the Northern Goldfields of WA. The Yilgarn Craton has a historic and current gold endowment of over 380 million ounces, making it one of most prolific gold regions in the world. The Company owns 100% of the Wiluna Gold Operation which has a defined resource of 8.04M oz at 1.67 g/t au. In May 2019, a new highly skilled management team took control of the Company with a clear plan to leverage the Wiluna Gold Operation's multi-million-ounce potential.
Contact
Milan JerkovicExecutive Chairman
Office: +61-8-9322-6418
Jim Malone
Investor Relations
Mobile: +61-419-537-714
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