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$40 Million Placement Fuels Peak Hill Gold Project Acquisition
9:18am on Tuesday 5th of May, 2026 AEST
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Mining
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$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
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Great Boulder Resources (ASX:GBR)
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