In today’s briefing:
- CONFIRMED: Bellevue raising
CONFIRMED: Bellevue raising
- Bellevue is raising capital through a placement and share purchase plan at a discount to the last close
- The purpose of the capital raise is to pay off debt and fund future growth, with operational pressure and hedges in place
- The company is shifting to a long-term growth story, with guidance for increased production and costs going forward
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