Bellevue Gold Bags $26.5 Million Firm Commitments

  • Mar 25, 2020
  • Team Kalkine

Bellevue Gold Limited(ASX:BGL) bags firm commitments for $26.5 million in a share place placement.

  • BGL priced the Placement at $0.30 a share, representing a 7.7 per cent discount to the Company’s last trading price of $0.325 on ASX.
  • The Placement was within the Company’s existing capital raising allowance; thus, no shareholder approval was required.
  • As per the Company, the Placement was well supported by leading Australian and overseas institutions, including existing institutional and sophisticated shareholders.

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