March 27 (Reuters) - Black Rock Mining Ltd BKT.AX :
* 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