Polo Resources ups stake in Aussie gold group - Polo Resources - TopicsExpress



          

Polo Resources ups stake in Aussie gold group - Polo Resources (LON:POL) has increased its interest in Aussie gold explorer Blackham Resources to just short of 12%. Polo, which owns 4.2% of Blackham at present, is to buy 49% of Perfectus Management, which owns 15%, for A$1mln cash and A$2mln in shares priced at 15p. It can also buy a further 49% of Perfectus within the next two years for a further A$3 mln worth of shares at 15p, which if exercised, would take Polos s... ow.ly/2HdneA
Posted on: Wed, 28 May 2014 08:28:07 +0000

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