Having received commitments to raise about A$21-million through a placement of 70-million shares at a price of A$0.30 a share, Perth-based gold company West African Resources can continue to rapidly progress its Tanlouka gold project. The placement proceeds will be used to start early civil works, in readiness for the development of the 100%-owned Tanlouka project, in Burkina Faso, West Africa. This work includes the construction of a camp facility, ablutions and water storage facility among other items.
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