Bardoc Gold Ltd (ASX:BDC) has received a strong indication of support for its transition from gold explorer to developer by raising $24 million in a share placement.
Chief executive officer Robert Ryan told Proactive that there had been a high level of demand from institutional investors in the "transformational" capital raising which would propel the 3.02-million-ounce Bardoc Gold Project towards development.
He said this reflected the strong appetite for advanced, high-quality gold assets in Australia at a time of continued record strength in the gold market.
