Bellevue Gold Ltd V.BGL

Primary Symbol: BELGF

Metals & Mining Gold

Bellevue Gold Limited is engaged in the exploration and evaluation of minerals and mining and processing of gold at its Bellevue Gold Project in Australia. The Bellevue Gold Project is located in the northern part of the Norseman Wiluna Greenstone belt in the Yilgarn Craton, Western Australia. The project is approximately 40 kilometers (km) north (by sealed highway) from the regional center of Leinster and covers approximately 1,930 square kilometers (km2) of mining and exploration licenses. The project represents one of Australia's highest-grade gold mines, with a Mineral Resource of approximately 3.1 million ounces (Moz) at 9.9 grams per ton (g/t) global grade resource.

OTCPK:BELGF - Post by User

Bellevue Gold Ltd

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Comment by coach247on Jul 08, 2007 1:22pm

566 Views

Post# 13053987

RE: finance..

I think BGL is going to close the first tranche of the financing this week, but they have an institutional investor that is now on board and wants a significant chunk of the offerring, and that allotment of units will close in a second tranche later this month. I will be very happy when the deal is closed and the company will be fully funded to move on with the next phase of their development plans. Anyone that has been sitting on the fence and wants into this placement, I think this is your last chance... cheers! COACH247

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