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Great Boulder Resources

Great Boulder reminds shareholders entitlement offer closes soon

Australian mineral exploration company Great Boulder Resources (ASX:GBR) is reminding shareholders that its non-renounceable entitlement offer to raise $3.5 million is closing on 14 April 2023.

The company reports the non-renounceable entitlement offer prospectus together with the accompanying personalised entitlement and acceptance form is available to download at Automic’s website.

Eligible shareholders with queries on their forms are also being encouraged to contact Automic. Great Boulder Resources says shareholders should fully consider the prospectus in deciding whether to acquire the securities.

The company also notes anyone interested in acquiring securities will need to complete the application form attached to the prospectus.

Great Boulder announced the entitlement offer on 16 March 2023. The entitlement offer is on a pro-rata basis of 1 new share for every 10 ordinary fully paid shares held in the company held on 22 March 2023 at an issue price of $0.082 per share.

This entitlement offer is aiming to raise $3.5 million, and it is partially underwritten up to $2.5 million by Discovery Capital Partners.

Great Boulder Resources is an Australian mineral exploration company focused on gold and base metals in Western Australia. The company’s portfolio of assets includes the Side Well, Whiteheads, and Wellington projects in Western Australia.

Images: Great Boulder Resources Ltd
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Written By Harry Mulholland
Hailing from the Central Coast region of NSW, Harry is a passionate journalist with a background in print, radio and ESG news. When not bashing away on his keyboard, he can be found brewing a coffee or playing with his dog.