BMG Resources Limited

BMG

AU000000BMG3

Diversified Mining

Market Closed - Australian S.E. Other stock markets 02:10:21 2024-04-16 am EDT			5-day change	1st Jan Change
0.016 ^AUD	0.00%		+23.08%	+45.45%

Mar. 14	BMG Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023	CI
Mar. 05	BMG Resources' Dragon Project Exploration Review Uncovers Niobium-REE Prospectivity; Shares Fall 7%	MT

BMG Resources : Oversubscription for Offer of New Options

August 09, 2019 at 10:51 am EDT

ASX ANNOUNCEMENT

8 August 2019

OVERSUBSCRIPTION FOR OFFER OF NEW OPTIONS

BMG Resources Limited (ASX: BMG) (BMG or the Company) is pleased to announce that the offer of up to 346,502,334 New Options, exercisable at $0.02 on or before 31 December 2019, as announced on 15 July 2019 has been oversubscribed.

The Company is reviewing the applications list, with the intention of ensuring all applicants who were holders of BMGOA Options receive, at a minimum, New Options equal to the number of BMGOA Options they held as at 30 June 2019.

The indicative timetable presented in the Prospectus advised that the Company intended to issue the New Options on Friday 9th August 2019. The Company now intends to issue the New Options and despatch holding statements on Tuesday 13th August 2019, with quotation of the Options to be sought on Wednesday 14th August 2019.

***ENDS***

For further information, shareholders and media please contact:

Sean Meakin, Company Secretary

BMG Resources Limited

Phone: +61 8 9424 9390

Email: enquiry@bmgl.com.au

Website: www.bmgl.com.au

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BMG Resources | ACN: 107 118 678 | T: (61 8) 9424 9390 | E: enquiry@bmgl.com.au | www.bmgl.com.au

axv 8813058_1

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BMG Resources Limited published this content on 09 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2019 14:50:05 UTC

Latest news about BMG Resources Limited

BMG Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 14	CI
BMG Resources' Dragon Project Exploration Review Uncovers Niobium-REE Prospectivity; Shares Fall 7%	Mar. 04	MT
BMG Resources Enters Option Deal for Three Exploration Licenses in Western Australia; Shares Fall 18%	Feb. 08	MT
BMG Resources Limited Announces Resignation of Bruce McCracken as Managing Director	Jan. 15	CI
BMG Resources Limited Announces Executive Changes	Jan. 15	CI
BMG Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-29	CI
BMG Resources Starts Drill Program at Bullabulling Project in Western Australia	23-08-28	MT
BMG Resources Limited completed the acquisition of Bullabulling Project in Coolgardie Region.	23-06-29	CI
BMG Resources Uncovers Gold, Lithium at Bullabulling Project	23-06-15	MT
BMG Resources Limited agreed to acquire Bullabulling Project in Coolgardie Region for AUD 0.44 million.	23-06-14	CI
BMG Resources Intersects Pegmatites at Western Australia's Bullabulling Project	23-05-25	MT
BMG Resources Temporarily Halts Trading on ASX	23-04-20	MT
BMG Resources Establishes Maiden Resource of Abrecromby Project; Shares Surge 33%	23-04-16	MT
BMG Resources Enters Option Deal for Bullabulling Project in Western Australia	23-02-15	MT
BMG Resources Limited Enters into Binding Option Agreement to Acquire 100% Interest in the Bullabulling Project in the Eastern Goldfields of Western Australia	23-02-14	CI
BMG Resources Achieves High Recovery Rates from Abercromby Project Samples	23-02-06	MT
Bmg Resources Limited Announces Rigorous Metallurgical Testwork at Abercromby Confirms High Gold Recoveries Via Conventional Milling	23-02-05	CI
BMG Resources Grows Mineralized Footprint at Western Australian Gold Project; Shares Down 20%	22-11-14	MT
BMG Resources Limited Announces Assays from Recent Diamond Drilling (Dd) Program At the Abercromby Gold Project	22-11-14	CI
BMG Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2022	22-09-30	CI
BMG Resources Limited Provides Exploration Update on Abercromby Gold Project	22-08-24	CI
BMG Resources Limited Provides Update on Drill Programs at its 100% Owned Abercromby Gold Project	22-07-12	CI
New Cyprus Copper PA Limited agreed to acquire the remaining 10% stake in Treasure Developments Limited from BMG Resources Limited for AUD 2 million.	22-07-12	CI
BMG Resources Starts Diamond Drilling at Western Australian Gold Project	22-06-29	MT
BMG Resources Limited Announces Commencement of Diamond Drilling At Abercromby	22-06-28	CI

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Company Profile

BMG Resources Limited is an exploration company, which is developing its portfolio of 100%-owned projects located in Tier one and emerging gold and lithium districts in Western Australia. Its projects include Abercromby Project, Invincible Project, Bullabulling Project, South Boddington Project and the Treasure Project. Its Abercromby Gold Project is located in the Agnew-Wiluna Greenstone Belt. The Bullabulling Gold-Lithium Project is located in the emerging Coolgardie gold and lithium region. The Invincible Gold-Lithium Project is located in the central Pilbara and hosts 12.5 kilometers (km) of the Warrawoora shear. The South Boddington Gold Project is located in the Saddleback Greenstone belt that hosts the giant 40Moz+ Boddington deposit. It has an interest in the Treasure Project in Cyprus, which is prospective for base (copper, nickel, zinc, cobalt) and precious (gold, silver) metals. The Treasure Project comprises licenses in three separate areas (Kalavassos, Kambia, Vrechia).

Sector

Diversified Mining

Calendar

2024-09-26 - Q4 2024 Earnings Release (Projected)

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Sector Integrated Mining

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