21 June 2013
Manager of Company Announcements
ASX Limited
Exchange Centre
20 Bridge Street
SYDNEY NSW 2001
By E-Lodgement
Level 9, 288 Edward St
Brisbane, QLD, 4000
P: +61 7 3034 0800
F: +61 7 3034 0899
Increase to Draw Down Facility with Majority Shareholder Noble Group Limited Blackwood Corporation Limited ("Blackwood" ASX:BWD), is pleased to advise that it has agreed for a further increase to the Draw Down Facility ("Facility") entered into with its subsidiary Matilda Coal Pty Ltd, and its controlling shareholder Noble Group Limited ("Noble") that was announced to the market on 1 August 2012.
Under the Agreement, The parties have agreed to extend the repayment date of the Facility to 31 December 2013 and increase the Facility from $7,300,000 to $8,300,000 to provide the Company with an additional $1,000,000 in funds for ongoing working capital purposes.
All other terms of the Facility (as amended) remain unchanged and are in full force and effect.
For and on behalf of the Board
Company Secretary
For more information please contact:
Chief Executive Officer
Phone +61 (0) 7 3034 0800
Martin Debelle (+61) 409 911 189
Citadel
Blackwood Corporation Limited
ABN 31 103 651 538
P +61 7 3034 0800
F +61 7 3034 0899
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