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West African confirms Sanbrado debt financing

West African Resources has confirmed it’s going down the debt funding route for the financing of its Sanbrado gold project in Burkina Faso, signing up for a US$200 million facility with private equity fund Taurus.

West African confirms Sanbrado debt financing West African confirms Sanbrado debt financing West African confirms Sanbrado debt financing West African confirms Sanbrado debt financing West African confirms Sanbrado debt financing

Drilling at Sanbrado in Burkina Faso

The debt funding will be augmented by an underwritten placement for A$43 million, while a share purchase plan for another $5 million is being undertaken.

West African started the current...

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