22 Jan 2015 08:24
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Don't have an account? Click here to register.Polo Resources notes Blackham Resources raises about A$25m
Fri, 19th Aug 2016 11:52
(ShareCast News) - Polo Resources said investee company Blackham Resources has raised about A$25m by placing roughly 25m new A$1 shares to fast-track expansion plans at the 5.1Moz Matilda Gold Project.The raising was oversubscribed and received strong institutional support.It said the placement price represented a 2% gross discount to the five-day volume-weighted average price prior to ASX-quoted Blackham entering into a trading halt on Aug. 17.The Matilda Gold Project is 100% owned by Blackham. At 11:55 BST, shares in Polo were up 10.13% to 6.85p.
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17 Dec 2014 14:36
Polo Resources reports positive results from Tunisian phosphate scheme
Shares in Polo Resources climbed after the mining investor reported upbeat drilling results from a Tunisian phosphate project in which it has a 33.2% stake. Polo's stock lifted 0.8p or 12.9% to 7p at 14:59 in London after it said drilling to date by Celamin Holdings at the Chaketma scheme had hit th
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