BlackEarth Minerals shareholders pay balance on unpaid shares raising more than $34,000

BlackEarth Minerals shareholders pay balance on unpaid shares raising more than $34,000

Proactive Investors

Published

BlackEarth Minerals NL (ASX:BEM) shareholders have fully paid the balance on an additional 567,750 BEM partly paid shares in the capital of the company, raising $34,008.22. Shareholders paid $0.0599 for each BEMAF and around 6,346,250 BEMAF and 3,860,000 BEMAC part-paid shares remain on issue. A statement will be issued shortly to those shareholders who paid all outstanding amounts on their BEMAF and BEMAC holdings. BlackEarth requests the ASX changes the designation of these 567,750 shares to the ASX code BEM and reduce the number of BEMAF by 567,750 part paid shares. This move follows shareholders having paid the balance unpaid on 474,000 BEM party paid shares on March 9 raising $28,392.60. Aerial survey at Donnelly River BlackEarth this month started a regional-scale detailed airborne electromagnetic (AEM) at its 100%-owned Donnelly River Nickel-Copper-Platinum Group Metals (PGM) Project, around 240 kilometres south of Perth, Western Australia. The Donnelly River Project is adjoining the Thor and Odin nickel-copper-PGM prospects, recently identified by Chalice Mining Ltd (ASX:CHN) (OCTMKTS:CGMLF) and Venture Minerals Ltd (ASX:VMS) (OCTMKTS:VTMLF) at their South West joint venture. This AEM survey will cover the entirety of E70/4825, which covers 80 square kilometres, and will be flown on 200 metres line spacing for a total of 390-line kilometres. It is expected to provide key information across the entire project.

Full Article