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Great Boulder Resources to raise $3.1 million ahead of drilling at Side Well and Whiteheads

Great Boulder Resources Ltd's (ASX:GBR) Andrew Paterson caught up with Proactive's Andrew Scott following the news they've launched a $3.1 million capital raising to fund aggressive exploration programs at the Side Well and Whitehead gold projects, both in WA. The company has already received binding commitments for a single tranche placement to raise $1.65 million before costs at $0.035 per share from new, high-quality institutional, sophisticated and professional investors.

Quick facts: Great Boulder Resources Ltd

Price: 0.038 AUD

ASX:GBR
Market: ASX
Market Cap: $7.47 m
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Great Boulder Resources encouraged by Whiteheads gravity survey results

Great Boulder Resources Ltd's (ASX:GBR) Andrew Paterson speaks to Proactive's Andrew Scott after receiving the initial results from a recently completed high-resolution gravity survey at its Whiteheads gold project which he says confirms the regional potential of the Arsenal Trend. The survey...

2 weeks ago

2 min read