Reinstatement to Quotation
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| Stock | West African Resources Ltd (WAF.ASX) |
|---|---|
| Release Time | 25 Nov 2025, 5:46 p.m. |
| Price Sensitive | Yes |
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West African Resources Ltd Reinstated to ASX Quotation
Key Points
- Suspension of trading in WAF securities lifted
- WAF received request from Burkina Faso government to acquire 35% of subsidiary Kiaka SA
- Acquisition to be for valuable paid consideration
Full Summary
West African Resources Ltd (WAF) has been reinstated to ASX quotation following the release of an announcement regarding a request from the government of Burkina Faso to acquire, for valuable paid consideration, an additional 35% of the Company's subsidiary Kiaka SA. The suspension of trading in WAF's securities has been lifted immediately after the release of this announcement. The announcement provides details on the request from the Burkina Faso government to acquire a 35% stake in Kiaka SA, WAF's subsidiary, for valuable paid consideration. This development is significant for WAF as it represents an opportunity to potentially generate additional revenue and strengthen its position in the region.
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