Media & articles

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.