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Bullabulling Gold

  • BY: Andrew Hore |
  • POSTED: 25/09/2013 |

Bullabulling Gold Ltd has boosted its cash pile by joining the new Mining Rehabilitation Fund in Australia.

Joining the fund means that A$1.3m previously held as security for rehabilitation in the form of environmental performance bonds has been released to the business. This means that available cash is A$5.5m.

Bullabulling will have to pay A$10,000 a year to join the new fund.

At 3.4p a share, Bullabulling is valued at £15m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFSeptember2013_48.pdf

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