Bellanhouse recently advised Caprice Resources Limited (Caprice) (ASX: CRS) on its listing on the ASX and $4.5m capital raising.
Caprice raised $4.5m from the issue of 22,500,000 shares at an issue price of $0.20 per share.
Established in March 2018, the Perth based explorer has two projects in the Northern Territory and Western Australia.
Caprice’s Wild Horse Hill Project in the Northern Territory covers a 231km2 area in the Pine Creek region southeast of Darwin in a proven gold mineralisation belt.
In Western Australia, the Northampton Project covers an area hosting a large number of historic silver, lead, zinc and copper producing mines dating back to 1850.
Caprice was attracted to these projects due to their prospective geological setting within proven mineralised belts, and their lack of modern exploration due to the tenements previously being held by private prospectors or companies focused on other commodities.
Bellanhouse Managing Partner Bryn Hardcastle is Non-Executive Chairman of Caprice and part of the high-calibre and experienced management team leading the company.
The funds raised from the successful IPO will be used for drilling, mapping, metallurgy and working capital in accordance with a 24-month budget.
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