Key Developments: Mawson West Ltd (NUJ.F)

NUJ.F on Frankfurt Stock Exchange

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27 Aug 2015
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Latest Key Developments (Source: Significant Developments)

Mawson West completes financing
Monday, 2 Mar 2015 07:30am EST 

Mawson West Ltd:Says that it has completed a previously announced private placement with Galena Private Equity Resources Fund LP for gross proceeds of C$21.6 million.The placement was conducted pursuant to the full exercise of the backstop agreement between the Company and Galena forming part of the transactions between the Company and Galena as announced in Company's press releases of Dec. 11, 2014 and Dec. 19, 2014.Under the placement, Mawson West issued 180,000,000 ordinary shares in the Company to Galena on private placement basis at an issue price of C$0.12 per share for gross proceeds of C$21.6 million.In connection with the placement, Mawson West paid Galena a 4 pct brokerage fee satisfied through the issuance of a further 7,200,000 ordinary shares at the same price.The shares issued to Galena under the private placement are subject to resale restrictions under Canadian securities laws and the rules of the TSX expiring on June 28.  Full Article

Mawson West Ltd gives FY 2014 production outlook
Thursday, 14 Aug 2014 08:00am EDT 

Mawson West Ltd:Now expects to achieve production of between 6,000-7,000 tonnes copper during FY 2014.  Full Article

Mawson West secures $50 mln prepayment and offtake agreement
Wednesday, 16 Apr 2014 08:34am EDT 

Mawson West Ltd:Says through its 90pct owned subsidiary Anvil Mining Congo SARL, signs an offtake agreement with Trafigura Pte Ltd (Trafigura).To sell 100 pct of the copper concentrate produced at the Dikulushi and Kapulo mines for period of 48 months from the commencement of commercial production at Kapulo.As part of the offtake arrangements, Trafigura has provided Mawson West with a facility of $50 mln, to be prepaid to the Company immediately.  Full Article

Mawson West Ltd Reaffirms FY 2013 Production Guidance
Tuesday, 8 Oct 2013 09:19am EDT 

Mawson West Ltd announced that it remains on track to meet its fiscal 2013 guidance of 20,000 - 22,000 tonnes of copper production with year-to-date production totaling 16,392 tonnes of copper, and silver production totaling 1,514,467 ounces.  Full Article

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