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West Wits raises for Witwatersrand acceleration

Shares hit low as placement and underwritten rights issue launched to support first gold

Haydn Black
West Wits is aiming to revitalise the Witswatersrand Basin

West Wits is aiming to revitalise the Witswatersrand Basin

The raisings aim to secure A$9.3 million, and are dominated by a $7.86 million pro-rata rights issue at 3c per share, which is 97% underwritten by Evolution Capital and sub-underwritten by WWI's largest...

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