Sept 12 (Reuters) - Blackham Resources Ltd BLK.AX :
* ANNOUNCES $7M CAPITAL RAISING
* CAPITAL RAISING OF UP TO $7 MILLION (BEFORE COSTS) WILL PROVIDE FUNDING FOR KEY MINE DEVELOPMENT WORK PROGRAMS
* CAPITAL RAISING INCLUDES $4 MILLION PLACEMENT AT $0.01 PER SHARE, SPP TO EXISTING SHAREHOLDERS FOR FURTHER $3 MILLION AT SAME PRICE