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Blackham secures $14.3m loan from key mining contractor Maca

By:  
Creamer Media Senior Deputy Editor
 
CORPORATE FINANCE
ASX-listed Maca on Monday provided a secured $14.3-million loan, on commercial terms, to support the recapitalisation of Blackham Resources. The proceeds of the loan have been applied by Blackham to repay the Orion mine finance term loan, which was due to mature on December 31, and subsequently extended to January 15.
 
 
 
 
 

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