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West Wits Secures USD 12.5M Loan to Propel Qala Shallows Gold Project
9:11am on Monday 29th of September, 2025 AEST
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Mining
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West Wits Secures USD 12.5M Loan to Propel Qala Shallows Gold Project
9:11am on Monday 29th of September, 2025 AEST
Key Points
USD 12.5 million initial loan tranche executed with Nebari
Funding to advance Qala Shallows towards gold production
Loan facility scalable up to USD 35 million over two years
Warrants issued convertible to shares at a 30% premium
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West Wits Mining (ASX:WWI)
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