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Wia secures $125m to fund Kokoseb to first gold
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Wia secures $125m to fund Kokoseb to first gold
The Kokoseb gold project is located in the Erongo Region of Namibia. Image: Melanie Maske/Wirestock/stock.adobe.comWia Gold (Wia) has secured commitments for a $125 million placement that, alongside a proposed $US360 million debt facility and existing cash reserves, is expected to fully fund its Kokoseb gold project in Namibia through to first production. The placement will issue approximately 294.1 million new shares at $0.425 per share to new …
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