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Westar Resources Launches $1.49M Placement to Boost Exploration

10:12am on Monday 23rd of February, 2026 AEDT Mining
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Westar Resources Launches $1.49M Placement to Boost Exploration

10:12am on Monday 23rd of February, 2026 AEDT
Key Points
  • Two-tranche placement to raise $1.49 million
  • Tranche 1 issues 40 million shares at $0.006 under existing capacity
  • Tranche 2 seeks shareholder approval for 250 million shares at $0.005
  • Discounts of 19.8% and 33.2% to recent volume-weighted average prices
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