CAPITAL MARKETS

Canadians like West African

Investors are evidently keen to get on board the West African Resources’ (ASX: WAF) gold exploration and development venture in Burkina Faso, with strong demand for shares in the company seeing a planned C$15 million raising being increased to $17.25 million.

Drilling at Sanbrado in Burkina Faso

Drilling at Sanbrado in Burkina Faso

The underwriters Sprott, Cormack and BMO exercised an option to increase the size of the raising, with the funds to go toward ongoing work at West African Resources’ Sanbrado project. The strong interest...

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