middle.news

$40 Million Placement Fuels Peak Hill Gold Project Acquisition

9:18am on Tuesday 5th of May, 2026 AEST Mining
Read Story

$40 Million Placement Fuels Peak Hill Gold Project Acquisition

9:18am on Tuesday 5th of May, 2026 AEST
Key Points
  • Two-tranche $40 million placement at 8.5 cents per share
  • Acquisition of 100% interest in Peak Hill Gold Project from Westgold
  • Pro-forma net cash of $25 million post-acquisition and placement
  • Planned 60,000 metres of drilling across Peak Hill and Side Well
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Great Boulder Resources (ASX:GBR)
OPEN ARTICLE