March 27, 2020 / 12:12 AM / 13 days ago

BRIEF-Black Rock Mining Approved Further Significant Reductions In Cash RemunerationS

March 27 (Reuters) - Black Rock Mining Ltd:

* TO PRESERVE EXISTING CASH, APPROVED FURTHER SIGNIFICANT REDUCTIONS IN CASH REMUNERATION FOR ALL DIRECTORS, STAFF, FTE CONTRACTORS

* EFFECTIVE 1ST APRIL 2020, CASH REMUNERATION LEVELS WILL BE FURTHER REDUCED TO 25%, DOWN FROM 50% OF AGREED PACKAGES ADOPTED IN NOV

* UPDATE iN VIEW OF COVID-19 PANDEMIC AND TURBULENT FINANCIAL MARKETS Source text for Eikon: Further company coverage:

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