PROJECT FINANCE

Great Boulder's 'conservative' capital raising

GREAT Boulder Resources is capitalising on its maiden resource for its Side Well gold project near Meekatharra, Western Australia, and some recent bonanza gold hits with a capital raising to ensure it can continue drilling amid what looks to be an increasingly disturbed market.

Great Boulder's 'conservative' capital raising

The A$5 million plan is priced at 8.2c per share, a 12% discount, and comes as a $1.5 million placement and a $3.5 million entitlement offer underwritten by Discovery Capital Partners to the tune of $2.5...

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