West African confirms debt financing for Sanbrado

WEST African Resources has confirmed it’s going down the debt funding route for the financing of its Sanbrado gold project in Burkina Faso, signing up for a US$200 million facility with private equity fund Taurus.

West African confirms debt financing for Sanbrado West African confirms debt financing for Sanbrado West African confirms debt financing for Sanbrado West African confirms debt financing for Sanbrado West African confirms debt financing for Sanbrado

The debt funding will be augmented by an underwritten placement for A$43 million, while a share purchase plan for another $5 million is being undertaken.

West African started the current...

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