UNDERGROUND

Bounty secures finance after achieving month of free cash flow

BOUNTY Mining has confirmed it has generated positive free cash flow for the month of February 2019, which means it has fulfilled its condition for obtaining working capital from its financier Amaroo Blackdown Investments.

Bounty secures finance after achieving month of free cash flow

On December 27 Bounty announced it had entered into a working capital facility and exclusivity arrangement with Amaroo.   One of the conditions of the facility was that Bounty would be in default if...

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