BMZ Black Mountain Resources Ltd.

 
TIDMBMZ 
 
20 January 2015 
 
Black Mountain Resources Limited 
 
Clarification of the number of AIM securities on issue 
 
Further to the Company's announcement on 15 January 2015, Black Mountain 
Resources Limited ("Black Mountain" or "the Company") wishes to provide the 
following additional clarification in regard to the Company's AIM securities on 
issue. 
 
Following a reconciliation of Black Mountain's total shares on issue, the 
Company became aware that an additional 3,555,117 shares had previously been 
incorrectly admitted to trading on AIM during 2014. Subsequent to an 
announcement made on 24 December 2013, on 3 January 2014 11,856,212 new Black 
Mountain shares were admitted to trading on AIM on the basis that these new 
shares had been unconditionally allotted. The allotment of these shares was in 
fact conditional on the execution of a loan facility agreement and they should 
not have been admitted to trading at this time. As announced on 14 March 2014, 
the total number of new shares which were unconditionally allotted in relation 
to a subsequent executed loan facility was 8,301,095, resulting in 3,555,117 
shares too many being admitted to trading on AIM. 
 
Consistent with the Company's announcement of 15 January 2015, Black Mountain 
confirms that from 21 January 2015, the Company will have a total of 
119,625,361 ordinary shares on issue and 119,625,361 shares admitted to trading 
on AIM. 
 
For and on behalf of the Board 
 
Peter Landau 
Executive Director 
 
For further information please visit www.blackmountainresources.com.au or 
contact: 
 
Black Mountain Resources Limited        Nominated Advisor 
Peter Landau                            RFC Ambrian Limited 
Executive Director                      Oliver Morse and Trinity McIntyre 
T: +61 (8) 9488 5220                    T: +61 (8) 9480 2500 
 
Media (Australia)                       Media (UK) 
PPR                                     St Brides Media & Finance Limited 
David Tasker                            Elisabeth Cowell 
T: +61 (8) 9388 0944                    T: +44 (0) 207 236 1177 
 
Joint Broker (UK)                       Joint Broker (UK) 
Westhouse Securities Limited            Hume Capital Securities plc 
Martin Davison                          Jon Belliss 
T: +44 (0) 207 601 6100                 T: +44 (0) 203 693 1493 
 
 
About Black Mountain Resources Limited 
 
Black Mountain Resources Limited is a dual listed (ASX | AIM: BMZ) silver and 
gold focused development company focussed on the advancement of three highly 
prospective previously operating assets located in two of the world's most 
developed and proven silver and gold mining regions of Idaho and Montana, USA. 
 
The Company holds a 70% interest in the New Departure Silver Project, the 
Conjecture Silver Project and the Tabor Gold and Silver Project pursuant to 45 
year leases from Chester Mining Company, Lucky Friday Extension Mining Company 
and Brush Prairie Minerals respectively. Black Mountain plans to implement low 
cost production and development programmes across all three assets. It is also 
implementing exploration programmes to capitalise on the exploration upside 
potential apparent across its portfolio. 
 
Black Mountain Resources Limited was incorporated on 29 October 2010 and is 
listed on the Australian Securities Exchange (ASX) and London's AIM Market - 
trading codes BMZ and BMZO. 
 
Forward Looking Statement 
 
Certain statements made during or in connection with this communication, 
including, without limitation, those concerning the economic outlook for the 
silver market, expectations regarding silver ore prices, production, cash costs 
and other operating results growth prospects and the outlook of the Company's 
operations including the likely commencement of commercial operations of the 
New Departure and Conjecture Silver Projects, its liquidity and the capital 
resources and expenditure, contain or comprise certain forward-looking 
statements regarding the Company's development and exploration operations 
economic performance and financial condition. Although the Company believes 
that the expectations reflected in such forward-looking statements are 
reasonable, no assurance can be given that such expectations will prove to have 
been correct. Accordingly, results could differ materially from those set out 
in the forward-looking statements as a result of, among other factors, changes 
in economic and market conditions, success of business and operating 
initiatives, changes in the regulatory environment and other government 
actions, fluctuations in silver ore prices and exchange rates and business and 
operational risk management. For a discussion of such factors refer to the 
Company's most recent annual report and half year report. The Company 
undertakes no obligation to update publicly or release any revisions to these 
forward-looking statements to reflect events or circumstances after today's 
date or to reflect the occurrence of unanticipated events. 
 
 
 
END 
 

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