WWI Raises $27.5M to Advance Gold and Uranium Projects
Filed with ASX · · 4 pages · English
Watch West Wits Mining's latest call6ix Mining Investor Experience · Replay · Dec 5, 2022Read the transcript of 6ix Mining Investor ExperienceWest Wits Mining Limited (ASX: WWI, West Wits or the Company) is pleased to announce that it has secured A$27.5 million (before costs) via a firm equity placement (Placement) from predominantly institutional investors, arranged by Evolution Capital. The placement significantly strengthens the Company’s balance sheet and fully funds West Wits through to sustainable gold production at Qala Shallows,
West Wits Mining Limited on 6ix
Story so far
Earlier from West Wits Mining
- Trading Halt
- New Prospecting Right Granted at WBP and MRE Modelling
- West Wits advances build-out of Qala Shallows gold project in South Africa out after $12.5mn Nebari drawdown
- WWI Operations Update and Funding Milestone at Qala
- Issue of Facility Drawdown Notice to Nebari
Later from West Wits Mining
- Upsizing of Institutional Placement
- Quarterly Activities & Cashflow Reports
- South Africa gold miner West Wits raises $18.2mn for Qala Shallows project
- 2.2Moz Increase to WBP Global Resource Estimate to 7.24Moz
- Notice of Extraordinary General Meeting and Proxy Form
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