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Boadicea directors participate in rights issue to accelerate exploration
Boadicea Resources Ltd (ASX:BOA) directors have shown their confidence in the company's exploration strategy by participating in the Boadicea's recent oversubscribed rights issue that raised $2.98 million.
Boadicea capital raise banks $3.7 million for exploration 🎙️
Boadicea’s capital raise banks $3.7 million. Managing Director Jon Reynolds is interviewed by Stockhead on the success of the significantly oversubscribed capital raise.
Boadicea closes heavily oversubscribed renounceable rights issue raising $2.98 million
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.
Boadicea’s Fraser range exploration progresses as IGO undertakes diamond drilling program
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.
Boadicea has major miner IGO in its corner in the Fraser Range
Stockhead has published a special report on IGO completing an 809.4m deep diamond hole in the corner of Boadicea’s Symons Hill licence.
$2.98 million capital raise will advance Boadicea exploration efforts 🔈
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.
