BLR black range minerals limited
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blumont group getting us$ 200mm loan

  1. GUNSS
    245 Posts.
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    18/10/13
    12:44
    Post #: 12457498
    The following link shows that an billion dollar hedge fund from New York is extending a $200 million convertible loan to Blumont Group. Recall that Alex Molyneux is the new Chairman of the Board at Blumont. This loan, along with about the recently announced $43 million Rights Offering, assures that Azarga Resources and Black Range will continue to get funded as needed. Please see link below....

    http://blumont.listedcompany.com/newsroom/20131017_225826_A33_A3FB3FCF7EABD2F748257C07004EBD37.2.pdf
    BLR Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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