Bellevue hoping to raise A$70m

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Bellevue hoping to raise A$70m
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.BellevueGold is hoping to raise up to A$70million to derisk its WesternAustralia gold project capital funding finance mining resources investment

PERTH – Gold developer Bellevue has announced plans to raise up to A$70-million to further derisk its namesake gold project, in Western Australia.

Bellevue told shareholders that in addition to existing cash reserves, proceeds from the capital raised would be used to accelerate underground development and exploration at the Bellevue gold project, further derisking the production outlook and increasing financial flexibility during construction and ramp-up.

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