MLD maca limited
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June 20 (Reuters) - MACA Ltd (MLD) : EXTENDED A WORKING CAPITAL...

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    20/06/19
    11:35
    Post #: 39150349

    June 20 (Reuters) - MACA Ltd (MLD) :

    • EXTENDED A WORKING CAPITAL FACILITY OF UP TO $12M TO BLACKHAM RESOURCES
    • EXPECTS A POSITIVE CASH INFLOW OF CIRCA $20M DURING FY20
    • IN CONSIDERATION FOR WORKING CAPITAL FACILITY CO MACA WILL BE ISSUED WITH 265 MILLION ORDINARY SHARES IN BLACKHAM AT $0.00906 PER SHARE
    • FOLLOWING THE WORKING CAPITAL FACILITY, CO'S INTEREST IN BLACKHAM TO BE 19.3%
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