News
05 April 2019

Sanbrado Gold project makes first drawdown

In:
Metals and Mining
Region:
Middle East & Africa

Australia-based gold developer West African Resources has met conditions precedent and drawn down a $75 million portion of the $200 million financing it raised in December 2018 from Tauras Funds Management Pty.The six-year debt is priced at a fixed 7.75% interest rate. Totals of $30 million and $25...

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