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BioLineRx Ltd.

Major Shareholding Notification Feb 14, 2017

6692_rns_2017-02-14_e7b4a618-cc5d-43ec-9d3f-ebba82259303.pdf

Major Shareholding Notification

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934 (Amendment No. 2)*

BioLineRx Ltd.

(Name of Issuer)

Ordinary Shares, par value NIS \$0.01 per share

(Title of Class of Securities)

09071M106

(CUSIP Number)

December 31, 2016

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is fled:

[_] Rule 13d-1(b)

[X] Rule 13d-1(c)

[_] Rule 13d-1(d)

The remainder of this cover page shall be flled out for a reporting person's initial fling on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "fled" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No 09071M106

__________

  1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Broadfn Capital, LLC

  1. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

fle:///C|/Users/normank/Documents/SEC%20flings%202017/Q1/Broadfn%2013G.htm[2/14/2017 6:29:05 AM]

3. SEC USE ONLY

4. CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

    1. SOLE VOTING POWER
    2. 0
    1. SHARED VOTING POWER
    2. 0
    1. SOLE DISPOSITIVE POWER
    2. 0
    1. SHARED DISPOSITIVE POWER
    2. 0

9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

  • 0
    1. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

[_]

  1. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.00%

    1. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
    2. OO, IA

CUSIP No 09071M106

  1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Broadfn Healthcare Master Fund, Ltd.

2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) [_] (b) [X]

  1. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5. SOLE VOTING POWER
0
6. SHARED VOTING POWER
0
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS) [_]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.00%
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
CUSIP No 09071M106
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Kevin Kotler
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [_]
(b) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION

United States of America

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5. SOLE VOTING POWER
0
6. SHARED VOTING POWER
0
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS) [_]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.00%
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN, HC
CUSIP No 09071M106
Item 1. (a). Name of Issuer:
BioLineRx Ltd.
(b). Address of Issuer's Principal Executive Offces:
2 HaMa'ayan Street
Modi'in Technology Park
Modi'in L3 7177871, Israel
Item 2. (a). Name of Person Filing:
Broadfn Capital, LLC
Broadfn Healthcare Master Fund, Ltd.
Kevin Kotler
(b). Address of Principal Business Offce, or if None, Residence:
Broadfn Capital, LLC
300 Park Avenue, 25 th Floor
New York, New York 10022
United States of America
Broadfn Healthcare Master Fund, Ltd.
20 Genesis Close
Ansbacher House, Second Floor
P.O. Box 1344
Grand Cayman KY1-1108
Cayman Islands
Kevin Kotler
c/o Broadfn Capital, LLC
300 Park Avenue, 25 th Floor
New York, New York 10022
United States of America
(c) Citizenship:
Broadfn Capital, LLC – Delaware
Broadfn Healthcare Master Fund, Ltd. – Cayman Islands
Kevin Kotler – United States of America
(d). Title of Class of Securities:
Ordinary Shares, par value NIS \$0.01 per share
(e). CUSIP Number:
09071M106
Item 3. This Statement is fled pursuant to ss.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person fling is a
(a) [_] Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78c).
(b) [_] Bank as defned in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).
(c) [_] Insurance company as defned in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).
(d) [_] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [_] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f) [_] An employee beneft plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
(h) [_] A savings association as defned in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);
(i) [_] A church plan that is excluded from the defnition of an investment company under Section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [_] Group, in accordance with s.240.13d-1(b)(1)(ii)(J).

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identifed in Item 1.

(a) Amount benefcially owned:

Broadfn Capital, LLC – 0 Broadfn Healthcare Master Fund, Ltd. – 0 Kevin Kotler – 0

(b) Percent of class:

Broadfn Capital, LLC – 0.00% Broadfn Healthcare Master Fund, Ltd. – 0.00% Kevin Kotler – 0.00%

  • (c) Number of shares as to which the person has:
    • (i) Sole power to vote or to direct the vote

Broadfn Capital, LLC – 0 Broadfn Healthcare Master Fund, Ltd. – 0 Kevin Kotler – 0

(ii) Shared power to vote or to direct the vote

Broadfn Capital, LLC – 0 Broadfn Healthcare Master Fund, Ltd. – 0 Kevin Kotler – 0

(iii) Sole power to dispose or to direct the disposition of

Broadfn Capital, LLC – 0 Broadfn Healthcare Master Fund, Ltd. – 0 Kevin Kotler – 0

(iv) Shared power to dispose or to direct the disposition of

Broadfn Capital, LLC – 0 Broadfn Healthcare Master Fund, Ltd. – 0 Kevin Kotler – 0

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being fled to report the fact that as of the date hereof the reporting person has ceased to be the benefcial owner of more than fve percent of the class of securities, check the following [X].

This fnal amendment refects that each Reporting Person has ceased to be the benefcial owner of more than fve percent of the common stock of the issuer.

Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than fve percent of the class, such person should be identifed. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the benefciaries of employee beneft plan, pension fund or endowment fund is not required.

N/A

Item 7. Identifcation and Classifcation of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
--------- -- -------------------------------------------------------------------------------------------------------------------------------- -- -- -- --

If a parent holding company has fled this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classifcation of the relevant subsidiary. If a parent holding company has fled this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identifcation of the relevant subsidiary.

See Exhibit A attached hereto.

Item 8. Identifcation and Classifcation of Members of the Group.

If a group has fled this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classifcation of each member of the group. If a group has fled this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.

N/A

Item 9. Notice of Dissolution of Group.

Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further flings with respect to transactions in the security reported on will be fled, if required, by members of the group, in their individual capacity. See Item 5.

N/A

Item 10. Certifcation.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or infuencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

February 13, 2017 (Date)

BROADFIN CAPITAL, LLC* By: /s/ Kevin Kotler

(Signature)

Kevin Kotler, Managing Member (Name/Title)

February 13, 2017

(Date)

BROADFIN HEALTHCARE MASTER FUND, LTD. By: /s/ Kevin Kotler

(Signature)

Kevin Kotler, Director

(Name/Title)

February 13, 2017 (Date)

By: /s/ Kevin Kotler* (Signature)

Kevin Kotler (Name/Title)

*The Reporting Persons disclaim benefcial ownership in the shares reported herein except to the extent of their pecuniary interest therein.

The original statement shall be signed by each person on whose behalf the statement is fled or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive offcer or general partner of the fling person, evidence of the representative's authority to sign on behalf of such person shall be fled with the statement, provided, however, that a power of attorney for this purpose which is already on fle with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Note. Schedules fled in paper format shall include a signed original and fve copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

AGREEMENT

The undersigned agree that this Amendment No. 2 to Schedule 13G dated February 13, 2017 relating to the Ordinary Shares, par value NIS \$0.01 per share of BioLineRx Ltd. shall be fled on behalf of the undersigned.

February 13, 2017

(Date)

BROADFIN CAPITAL, LLC By: /s/ Kevin Kotler

(Signature)

Kevin Kotler, Managing Member

(Name/Title)

February 13, 2017

(Date)

BROADFIN HEALTHCARE MASTER FUND, LTD.

By: /s/ Kevin Kotler

(Signature)

Kevin Kotler, Director (Name/Title)

February 13, 2017

(Date)

By: /s/ Kevin Kotler

(Signature)

Kevin Kotler (Name/Title)

The original statement shall be signed by each person on whose behalf the statement is fled or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive offcer or general partner of the fling person, evidence of the representative's authority to sign on behalf of such person shall be fled with the statement, provided, however, that a power of attorney for this purpose which is already on fle with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Note. Schedules fled in paper format shall include a signed original and fve copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

EXHIBIT A

Broadfn Capital, LLC is the relevant entity for which Kevin Kotler may be considered a control person.

SK 25125 0001 7397557

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