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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
Sprott, Cormark and BMO underwrote the WAF raising and get a 6% cash fee and 2% share entitlement for their troubles.
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