Wia Gold Limited (WIA) – $30m Institutional Placement

Argonaut is pleased to have acted as Lead Manager and Bookrunner to Wia Gold on its A$30 million institutional placement, which received strong support from domestic and offshore institutional and sophisticated investors.

The proceeds will underpin accelerated resource development and exploration activities, ongoing project studies, test work, permitting, and social and environmental initiatives at Kokoseb. Additional exploration and project generation capital has been allocated to Wia’s exciting wider exploration portfolio.

Congratulations to Wia’s Executive Chairman, Josef El-Raghy, and the broader Wia Gold team on this milestone. Argonaut’s Corporate Finance team was led by Edward Rigg and Harrison Shepherd, with ECM syndication directed by Chris Wippl and David Keogh.