Wia Gold Limited (ASX:WIA) – A$92m Institutional Placement

Argonaut acted as Global Coordinator, Joint Lead Manager and Joint Bookrunner to the placement, which received strong support from new and existing institutional and sophisticated investors.

Proceeds from the placement will be applied towards advancing Kokoseb, including execution readiness and early works programs, pre-production capital expenditure, ongoing project studies and permitting activities, together with regional exploration across WIA’s broader tenure package.

Congratulations to Chairman Josef El-Raghy, CEO & Managing Director Henk Diederichs, Company Secretary Joanna Kiernan and the broader WIA team on the successful transaction. Argonaut’s Corporate Finance team was led by Eddie Rigg, Kaiden Gilbert and Max Carter-Mazak, with ECM syndication led by David Keogh and Chris Wippl.

For more information, visit the Wia Gold website here.