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Minerals 260 completes $220m capital raise for Bullabulling gold development in Australia

GlobalData
Summary
Nutrition label

80% Informative

The Bullabulling Gold Project is situated 25km south-west of Coolgardie in WA 's Eastern Goldfields region.

The capital was raised by offering 1.83 billion new shares at $ 0.12 each.

The funds will cover the $ 156.4 m cash component of the acquisition of the project from Norton Gold Fields , a Zijin Mining subsidiary.

VR Score

77

Informative language

75

Neutral language

52

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Source diversity

1

Affiliate links

no affiliate links

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