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Corporate finance deals Feb 19 to Feb 23 2018

Black Mountain Resources Limited is pleased to update shareholders on the following restructure initiatives that have been agreed to by the Company and its major lender, Richmond Partners Masters Limited, subject to any necessary shareholder approvals, formal documentation and regulatory sign off: • BMZ to dispose of its interest in the Namekara Vermiculite Mine in exchange for the retirement of circa A$5.5m of debt (Transaction). The Company’s debt levels will be reduced to approximately $A600,000. • BMZ to retain, subject to minimum expenditure obligations, a 75% interest in its existing Busumbu Phosphate Project as well as all other non-vermiculite minerals currently held by its subsidiary company, Namekara Mining Company Limited (Existing Tenements).

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
74thAltura Mining160%32%
131stTarget Energy100%-50%
442ndImpact Minerals0%-13%
668thKalNorth Gold Mines-33%-33%
712thHipo Resources-45%-29%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

31/05/18
$100k Issued
31/05/18
$0 Issued
31/05/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

89th↑Hipo Resources$2.4m
112th↓KalNorth Gold Mines$1.3m
113th↓Altura Mining$1.3m
118th↓Target Energy$1.1m
119th↑Impact Minerals$1.1m
507 listed resources companies ranked by revenue.
Source: Morningstar

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