BLACKGOLD NATURAL RESOURCES TO RAISE S$3.56 MILLION VIA SHARE PLACEMENT
Singapore, 10 March 2017 – BlackGold Natural Resources Limited (“BlackGold” or the “Company” and together with its subsidiaries, the “Group”) is pleased to announce that the Group has signed a share placement agreement with Mr Johanes Budisutrisno Kotjo (“Mr Kotjo”) pursuant to which the Group intends to issue 39,511,654 new ordinary shares in the capital of the Company (the “Placement Shares”) at S$0.0901 per share to raise gross proceeds of up to S$3.56 million.