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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.
Boadicea Resources details $2.98 million capital raise 🎥
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.
Boadicea raising $2.98 million to accelerate copper, gold and nickel exploration
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.
