leadf
logo-loader
viewGreat Boulder Resources Ltd

Great Boulder Resources in back-to-back trading halt ahead of capital raising news

During the June quarter, the company completed desktop reviews of many potential opportunities, culminating in taking up the Side Well option.

Great Boulder Resources Ltd - Great Boulder Resources in back-to-back trading halt ahead of capital raising
The Side Well Gold Project is an advanced gold project in Meekatharra, WA

Great Boulder Resources Ltd (ASX:GBR) has been granted a back-to-back trading halt by the ASX with a capital raising announcement pending.

In its application for the halt, the company said it was "for the purposes of considering a capital raising and making an announcement in relation to the proposed capital raising".

The halt will remain in place until the start of trading on Wednesday, August 12, or when an announcement is released to the market, whichever occurs earliest.  

Side Well option

In July the company decided to take up an option on the Side Well Gold Project, a high-grade project near Meekatharra in Western Australia.

The project is adjacent to Westgold Resources Ltd’s (ASX:WGX) Murchison Gold Operations and south of the Andy Well Gold Mine.

This richly endowed area has produced nearly four million ounces of gold, with over 2.7 million ounces remaining in current resources.

Quick facts: Great Boulder Resources Ltd

Price: 0.048 AUD

ASX:GBR
Market: ASX
Market Cap: $9.03 m
Follow

Add related topics to MyProactive

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

NO INVESTMENT ADVICE

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...

FOR OUR FULL DISCLAIMER CLICK HERE

PUDO sees strong revenue growth as they add 500 new PUDO point locations

PUDO (CSE: PDO-OTCQB: PDPTF) CEO Frank Coccia joined Steve Darling from Proactive Vancouver with news the company saw revenue grow by 17% as the company released their second-quarter financial numbers. Coccia talks about where the increase in revenue is coming from and he...

2 hours, 22 minutes ago

2 min read