Shaw and Partners appointed as Lead Manager to the equity capital raising by Black Cat Syndicate Limited News01 Oct 2019

Black Cat Syndicate Limited (ASX: BC8) is undertaking a placement of approx. 11.6 million new securities to raise up to $5.0 million.


Shaw and Partners has been appointed as Lead Manager to the placement.


The offer price of $0.43 per security represents a 5.5% discount to last close of $0.455 as at 30 September 2019 and a 6.5% discount to a 15 day VWAP of $0.46 as at 30 September 2019.


The offer is available to Australian resident Sophisticated and Professional Investor clients only.


For more information please contact your Shaw and Partners Adviser.


About Black Cat Syndicate

Black Cat Syndicate is focused on advanced exploration and development of the high grade Bulong Gold Field located just 25 km east of Kalgoorlie, Western Australia. Bulong has access to excellent infrastructure with a sealed road and mains power running through the project. In addition, there are five regional mills and support services including a workforce readily available.


Bulong’s history is one of complex, unconsolidated ownership with small scale production from a number of high grade mines. Records show historic mine production of ~152 koz @ ~1 oz per tonne plus significant alluvial gold nugget recoveries. The high grade Queen Margaret mine last produced in 1913. The now consolidated project, is comprised of ~82 sq kms of mainly granted tenements all 100% controlled by Black Cat. Numerous high grade open cut and underground targets are located on mining leases with drill ready targets. Hence there are low barriers to exploration and mining.

For more information please visit

Related Articles
News24 Feb 2020 Shaw and Partners Race Team Member Danielle McKenzie wins the 2020 Investec Bridge to Beach
On Sunday 23 February, the 2019/20 Australian Ocean Racing Series (AORS) concluded the season in Sydney with the Investec Bridge to Beach race. For the fourth year running, Shaw an... Read More
News18 Feb 2020 EFG Global Sport Ambassador Tiffany Chan visits the Shaw and Partners office in Adelaide.
Shaw and Partners was delighted to have professional golfer Tiffany Chan visit our Adelaide office last Friday.    Tiffany is Global Sport Ambassador of our parent company EFG In... Read More
News17 Feb 2020 Shaw and Partners appointed Co-Manager to the NAB Capital Notes 4 offer
National Australia Bank Limited (NAB) today announced its intention to raise $750 million through the offer of NAB Capital Notes 4, with the ability to raise more or less.   Shaw... Read More
News17 Feb 2020 Matt Bevilacqua and Brielle Cooper win the second edition of the Shaw and Partners Shannon Eckstein Ironman Classic
Over the weekend, the second edition of the Shaw and Partners Shannon Eckstein Ironman Classic took place at BMD Northcliffe Surf Life Saving Club on the Gold Coast, showcasing one... Read More
A - Z  % Change  
{{data.Symbol}} {{data.CompanyName}} {{data.Close}} {{data.AsAt | date :'shortTime'}} {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}%