Amendment to Quarterly Activities Report

Open PDF
Stock West African Resources Ltd (WAF.ASX)
Release Time 17 Apr 2025, 12:25 p.m.
Price Sensitive Yes
 West African Resources amends quarterly report
Key Points
  • Corrects reference to unsold gold bullion from A$43m to US$43m
  • Provides equivalent Australian dollar value of US$43m as A$69m
  • Announcement authorized by Executive Chairman and CEO
Full Summary

West African Resources Limited (ASX: WAF) has issued an amendment to its Quarterly Activities Report released earlier today. The amendment corrects the fifth bullet point on the first page of the report, which referred to 'A$43m unsold gold bullion held at end of Q1'. This should have read 'US$43m unsold gold bullion held at end of Q1'. The company has also provided the equivalent Australian dollar value of the US$43m unsold gold bullion, which was A$69m assuming a USD:AUD foreign exchange rate of 0.6242. The subsequent reference to A$43m in the third paragraph on page 2 of the report has also been amended to US$43m. The announcement was authorized for release by Mr Richard Hyde, Executive Chairman and CEO.