WAF west african resources limited

Oct 26 (Reuters) - West African Resources Ltd (WAF) : WAF TO...

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    Oct 26 (Reuters) - West African Resources Ltd (WAF) :

    • WAF TO ACQUIRE 6.8MOZ KIAKA GOLD PROJECT
    • EQUITY RAISING UP TO A$126.39M TO FUND ACQUISITION AND REPAY TAURUS DEBT
    • TO ACQUIRE 90% OF KIAKA GOLD PROJECT FROM B2GOLD AND GAMS
    • IS ALSO CONDUCTING A NON‐UNDERWRITTEN SHARE PURCHASE PLAN TO RAISE UP TO A$10.0M
    • CONDUCTING A PLACEMENT TO RAISE UP TO A$126.39 AT A$1.25 PER SHARE
    • DEAL FOR US$100M IN STAGED CASH AND SHARE PAYMENTS
 
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