Precious Metals

Wia Gold secures firm commitments for $19.6m placement

Australia-based mining company Wia Gold has secured firm commitments totalling A$30m ($19.6m) for a placement of 200 million new fully paid ordinary shares priced at A$0.15 each.
The company noted that the issue price represents a 3.2% discount to the last closing price and a 1.1% discount to the 15-day volume-weighted average price.