Barra raises $1.8m to develop Coolgardie gold project
You have no credits left. To view this article subscribe to Business News.
You have used {{points}} and have {{current_points}} remaining. Your credits will reset on {{reset_date}}.
This article is part of a special report and is available to paid Business News subscribers only.
You can purchase access to this special report or subscribe to Business News.
You can purchase access to this special report or subscribe to Business News.
This article is premium content and is available to paid Business News subscribers only.
Subscribe to Business News.
Subscribe to Business News.
Thursday, 22 December, 2005 - 15:20
Perth-based mineral explorer Barra Resources Ltd has raised funds of $1.8 million including oversubscriptions of $326,000 being accepted by the company.
The funds will be applied towards commencement of pre-mining activities at their 100 per cent owned Burbanks Gold Project near Coolgardie.
Earlier this month the company formalised arrangements with stockbrokers to raise $1.5 million by way of an issue of 15.1 million fully paid shares at an issue price of 10 cents per share.
Companies: