CAPITAL MARKETS

WAF concludes C$17.5m raise

Sprott Capital Partners, Cormark Securities and BMO Capital Markets have helped West African Resources (ASX/TSXV: WAF) put its C$17.25 million bought-deal private placement to bed. The company plans to spend the funds advancing the high-quality Sanbrado gold project in Burkina Faso.

More drilling to come at Sanbrado in Burkina Faso

More drilling to come at Sanbrado in Burkina Faso

Sprott, Cormark and BMO underwrote the WAF raising and get a 6% cash fee and 2% share entitlement for their troubles. WAF shares have been flat this month at about A35-36c, capitalising the company at...

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