Bardoc raises cash for namesake project

ASX-listed Bardoc Gold is hoping to raise A$15-million through a share placement and a share purchase plan (SPP) to fund work at its flagship 2.6-million ounce Bardoc gold project, in Western Australia.

The junior on Friday said that it had received firm commitments to raise an initial A$12-million through a share placement to strategic investors, priced at 10c a share.