viewGreat Boulder Resources Ltd

Great Boulder Resources' rights issue may raise more than $1.334 million

With advanced projects including Mt Venn and Winchester copper-nickel-cobalt projects and Whiteheads Gold Project, the company is well-positioned.

Great Boulder Resources Ltd - Great Boulder Resources completes non-renounceable rights issue at $897,115
The company is focused on base metals and gold with projects in the eastern Goldfields of WA

Great Boulder Resources Ltd (ASX:GBR) has completed a non-renounceable rights entitlement offer of one share for every three shares held by eligible shareholders at an issue price of four cents per new fully paid ordinary share.

The offer, which closed on September 27, has raised in excess of $437,000 with potential to raise a further $897,000 through a shortfall.

Eligible shareholders who applied for their full entitlement under the rights issue were also able to apply for new shares in excess of their entitlement through the shortfall offer.

Under the terms of the entitlement offer, the directors have reserved the right to allocate the shortfall at their discretion within three months of the close date.

The board of Great Boulder would like to thank all shareholders for their continued support.

Great Boulder is a mineral exploration company with projects in the Eastern Goldfields region of Western Australia.

With a focus on base metals and gold, the company has a range of projects from greenfields through to advanced exploration.

The company is well-positioned for growth with advanced projects including the Mt Venn and Winchester copper-nickel-cobalt projects and the Whiteheads Gold Project as well as the backing of a strong technical team.

Quick facts: Great Boulder Resources Ltd

Price: 0.028 AUD

Market: ASX
Market Cap: $3.74 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Great Boulder Resources Ltd named herein, including the promotion by the Company of Great Boulder Resources Ltd in any Content on the Site, the...



Full interview: Great Boulder Resources three rights - location, commodities...

Great Boulder Resources Ltd (ASX:GBR) managing director Andrew Paterson talks with Proactive about its assets in the Eastern Goldfields of Western Australia and why the company should be watched during 2020. He says GBR is in the right locations near Kalgoorlie and in the Yamarna Belt, has...

on 10/2/20

2 min read