- West Wits Mining (WWI) has completed a $3.4 million cap raise
- The company has issued over 161 million ordinary shares for 21 cents each to institutional investors
- West Wits will use the funds to complete works on its Witwatersrand project, as well as complete a feasibility study and an infill drilling program
- The company will also pay for an airborne geophysics survey for its Western Australian property, located in the Paterson Province in the Pilbara region
- At the company’s other project, Mt Cecelia, West Wits is planning to use the funds to conduct an airborne geophysics survey
- West Wits Mining shares are steady at market open, trading for 2.6 cents
