Singapore, 21 August 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that Mr Johanes Budisutrisno Kotjo (“Mr Johanes Kotjo”), a consultant and shareholder of the Group, had on 17 August 2017 purchased 300,000 shares in the Company (the “Purchase”) from the open market.
Singapore, 17 August 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that Mr Intekhab Khan, the Independent Non-Executive Chairman of the Group, had on 15 August 2017 purchased a total of 180,000 ordinary shares of the Company through Kaalasona Limited, a shareholder of the Company (the “Purchase”). This Purchase further increases his shareholding to 37,176,294 shares, accounting for approximately 3.99% of the Group’s entire issued share capital.
Singapore, 10 August 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that its Coal Reserves at its PT Samantaka Batubara Concession (“PT SB Concession”) as at 9 June 2017 have more than tripled from its last reported estimates, which were announced on 8 August 2016.
Singapore, 23 June 2017 – BlackGold Natural Resources Limited (“BlackGold” or the “Company” and together with its subsidiaries, the “Group”) is pleased to announce that the Group has entered into a share placement agreement (the “Placement”) pursuant to which the Group intends to issue up to 66,703,000 new ordinary shares in the capital of the Company (the “Placement Shares”) at S$0.123 per share to raise gross proceeds of up to S$8.2 million.
Singapore, 12 June 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”), is pleased to announce that it has, through its subsidiary, PT Samantaka Batubara (“PT SB”), entered into a conditional term sheet (the “Term Sheet”) with China Huadian Engineering Co., Ltd. (“China Huadian”) for the joint development, construction, operation and maintenance of a 2 x 300 MW coal-fired power plant in Riau province, Indonesia (the “Project” or “Riau-1 Project”).
