The capital raising received strong support from institutional and sophisticated investors based in Australia, as well as continued support from its North American institutional investors.
Notably, these North American investors include a number of specialist global gold funds.
Bellevue’s managing director Steve Parsons said: “We would like to welcome a number of new institutional investors onto our share register and thank our existing shareholders for their ongoing support.
"We are particularly pleased with the level of support from a number of institutional investors based in Australia, as well as the ongoing support from our North American institutional investor base.
"We are now fully funded to undertake drilling activities at Bellevue for the next 12 months.”