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West African raises A$35m for Sanbrado

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CAPITAL RAISE
Gold developer West African Resources will raise A$35-million through a share placement to fund pre-development work at its Sanbrado gold project, in Burkina Faso. The company on Monday said that some 109.37-million shares will be placed with existing shareholders and global institutional investors, priced at 32c a share.
 
 
 
 
 

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