The Global Resource For Connecting Buyers and Sellers

Bligh to raise funds for exploration, names new MD and CEO-elect

Gold developer Bligh Resources on Friday announced an underwritten capital raising of $1.7-million to fund exploration opportunities in the Leonora area of Western Australia. The Sydney-based company appointed Somers & Partners to underwrite the capital raising, the proceeds of which will be used for exploration near the Bundarra joint venture gold project, in Leonora.