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AU$15 Million Placement

On 1 October 2020, the Company announced it had received firm commitments for a $15 million share placement through the issue of approximately 224 million new shares to institutional and sophisticated investors at a price of $0.067 per Placement Share.

The Placement was strongly supported by existing and new domestic and international investors.

Share placement funds will be used to:

  • Pursuing IX process optimization for incorporation into an Enhanced Feasibility Study
  • Fund ongoing exploration activities meeting tenement commitments
  • Recruit additional technical and mining experts as and when required
  • Fund the acquisition of long lead items for a restart of mining at Honeymoon
  • Assess and execute where appropriate, value accretive M&A opportunities
  • General corporate and administration purposes.

Post the issuance of shares, Boss provides the following shareholder type and location summary:

Substantial Shareholder %
Paradice Investment Management Pty Ltd 9.7
Tribeca Investment Partners Pty Ltd 8.5
Sachem Cove Partners LLC 6.1

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