West African Resources was in front of fund managers on Tuesday, seeking to raise $120 million via a single tranche placement.
The 87.6 million new shares were offered to investors at $1.37 apiece, a 13.8 per cent discount to the company’s last traded price and a 13.6 per cent discount to the five-day volume-weighted average price.
Euroz Hartleys was sole lead manager on the transaction, the proceeds of which will largely go towards funding WAF’s Kiaka gold project.
more to come
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.23 |
Change
0.025(1.14%) |
Mkt cap ! $2.542B | |||
| Open | High | Low | Value | Volume |
| $2.26 | $2.26 | $2.22 | $4.743M | 2.120M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 63106 | $2.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.23 | 96459 | 90 |
View Market Depth
| Last trade - 14.14pm 27/06/2025 (20 minute delay) ? |
| WAF (ASX) Chart |