Gold and base metals explorer Bora Bora Resources is set to list on the Australian Securities Exchange, after raising $2.5 million through its initial public offering.
Its key asset is the historic St Arnaud gold project in Victoria. The mine was in continuous production from 1855 to 1916, producing more than 360,000 ounces of gold.
The company said it also intended to pursue “additional project opportunities”.
Perth-based Bora Bora is scheduled to commence trading at 11:00am WST tomorrow.