The Placement includes a commitment from Directors
Highlights
Firm commitments received for a share placement to raise
Included in placement is a commitment from directors for
Black Dragon Gold shareholders to be offered opportunity to invest on the same terms via a Share Purchase Plan
All CDIs issued through the Placement and SPP to receive a 1- for-2 attaching option
The proceeds raised under the Placement and SPP will primarily be directed towards advancing the +1Moz
Placement Details
Approximately 43.392 million new CHESS Depository Interests ('CDIs') will be issued under the Placement at an issue price of
Contact:
Tel: +44 207 993 0066
Email: paul.cronin@blackdragongold.com
ABOUT BLACK DRAGON GOLD
Black Dragon Gold 'BDG' is the 100% owner of one of the largest undeveloped gold projects in
FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterised by words such as 'plan', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate', 'suggest', 'indicate' and other similar words or statements that certain events or conditions 'may' or 'will' occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current planned exploration activities; changes in project parameters as plans to continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays or any inability in obtaining governmental approvals or financing and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
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