Suspension from Quotation

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Stock West African Resources Ltd (WAF.ASX)
Release Time 1 Sep 2025, 9:55 a.m.
Price Sensitive Yes
 West African Resources Suspended from ASX Quotation
Key Points
  • Trading in WAF securities halted on 28 August 2025
  • Burkina Faso government requested to acquire 35% of WAF's subsidiary Kiaka SA
  • WAF failed to lodge announcement by 1 September 2025 deadline
Full Summary

West African Resources Ltd (WAF) has been suspended from quotation on the ASX after failing to lodge an announcement regarding the Burkina Faso government's request to acquire an additional 35% of WAF's subsidiary Kiaka SA. Trading in WAF securities was halted on 28 August 2025 pending an announcement about the government's request. WAF was required to lodge the announcement by the commencement of normal trading on 1 September 2025, but failed to do so. As a result, WAF's securities have been suspended from quotation in accordance with Listing Rule 17.3. The suspension will continue until ASX is satisfied that WAF is in compliance with the Listing Rules, including Listing Rule 3.1, and that it is appropriate for WAF's securities to be reinstated to quotation.