middle.news

West Wits Secures $17.5M to Fast-Track Qala Shallows Gold Output

9:38am on Monday 15th of September, 2025 AEST Mining
Read Story

West Wits Secures $17.5M to Fast-Track Qala Shallows Gold Output

9:38am on Monday 15th of September, 2025 AEST
Key Points
  • Placement raises $17.5 million at $0.04 per share, a 14.9% discount
  • Funds to accelerate development and production at Qala Shallows
  • Qala Shallows project targets 70,000 ounces of gold annually over 17 years
  • Combined with $62.5 million in existing loans, balance sheet strengthened
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about West Wits Mining (ASX:WWI)
OPEN ARTICLE