Boadicea fully underwritten pro rata renounceable rights issue has closed significantly oversubscribed, raising $2.98 million before costs. Shareholders have subscribed for 6,649,364 entitlements (53.5% of total entitlements), with a shortfall 5,779,785 entitlements (46.5%) placed by the lead manager, Peak Asset Management.

Proactive Investors reports that Exploring the potential of the Symons Hill tenement is IGO’s highest priority Fraser Range exploration project due to its strategic location to the Nova Operation.

Stockhead has published a special report on IGO completing an 809.4m deep diamond hole in the corner of Boadicea’s Symons Hill licence.

Boadicea Resources Managing Director Jon Reynolds chats with Stockhead about the next phase in the company’s development history. The raising of $2.98 million will accelerate exploration and advance business development activities.

Boadicea Resources Managing Director Jon Reynolds tells Proactive's Andrew Scott of the company undertaking a fully underwritten renounceable rights issue to raise up to $2.98 million to accelerate exploration and advance business development activities. He says the funds raised will provide a solid financial base to explore the company’s highly prospective gold, copper and nickel exploration prospects.

Proactive Investors reports Boadicea Resources Ltd (ASX:BOA) is undertaking a fully underwritten renounceable rights issue to raise up to $2.98 million to accelerate exploration and advance business development activities.

Boadicea’s capital raising of $2.98 million will be used to fund exploration activities in two of Australia’s hot destinations - the Paterson Province of Western Australia and Drummond Basin of Queensland. Stockhead reports on Boadicea’s capital raising endeavours.

Boadicea Resources Managing Director Jon Reynolds outlines the company’s program of works in an interview with Stockhead’s Garimpeiro columnist Barry Fitzgerald. Listen to the interview and gain insights into a company that has a great upside story in the making.

Boadicea has been reported by highly-respected mining industry journalist Barry Fitzgerald as one of five explorers who have the potential of a decent nickel discovery which could ramp up the share price regardless of the daily, monthly or quarterly nickel price moves.

Boadicea Resources has appointed experienced geologist Graeme Purcell to the board as a non-executive director. Graeme Purcell is a highly regarded geologist who has been a part of a number of important mineral discoveries within Australia and overseas.