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Westgold Resources Announces Castile Entitlement Raising Complete

30 Jan 2020  |  12:07:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Castile Entitlement Raise Complete

Westgold Resources advised that further to the in-specie distribution of Castile shares on a 1 for 4 basis completed on 28 November 2019, the entitlement issue has closed with excess applications for underwriters & sub-underwriters being scaled back. Over the ensuing days, shares totalling 99,844,305 will be allotted. Castile has raised its planned capital of $19.969m and is well funded to continue the exploration and development efforts on its NT polymetallic assets.

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