Tillkännagivande • Jan 20
West Wits Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 37.5 million. West Wits Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 37.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 343,750,000
Price\Range: AUD 0.08
Discount Per Security: AUD 0.0048
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 125,000,000
Price\Range: AUD 0.08
Discount Per Security: AUD 0.0048
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Sep 26
West Wits Mining Limited, Annual General Meeting, Nov 20, 2025 West Wits Mining Limited, Annual General Meeting, Nov 20, 2025. Tillkännagivande • Sep 15
West Wits Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 17.5 million. West Wits Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 17.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 437,500,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0032
Transaction Features: Subsequent Direct Listing Tillkännagivande • Sep 08
West Wits Mining Limited announced that it has received AUD 19 million in funding West Wits Mining Limited announced that it has received AUD$19 million ($12.5 million) in a funding round from new lender, Nebari Natural Resources Credit Fund I LP managed by Nebari Partners LLC on September 8, 2025. The company has issued loan facility in the transaction. The company may receive an additional funding of AUD$34.5 million ($22.5 million) in two tranches. Tillkännagivande • Apr 03
West Wits Mining Limited to Review Mine Plan Amid Gold Price Increase West Wits Mining Limited has been motivated by the recent strengthening of gold prices to commence a strategic review of its plans for the entirety of the Witwatersrand Basin Project in South Africa. The strategic review is in addition to and complementary to the Company's continuing priority to progress the finalisation of funding to commence operations at Qala Shallows in accordance with its prior disclosures. This strategic review will involve reassessing key project assumptions of the Qala Shallows Mine Plan and related projects across the entire WBP. The Company is of the view that a strategic reassessment is warranted given the sustained increase in the gold price, which now exceeds USD 3,000 per ounce, and materially exceeds the gold price assumptions used when the original plans were finalised. The outcome of this strategic review will assist the Company in setting its vision, plans and key goals for the WBP over the next 3 to 5 years. Under this initiative, several key project development areas within the WBP will be revisited to assess their potential under current economic parameters. Further details are set out below. The Qala Shallows Life-of-Mine plan and budget were last updated in July 2023 by independent mining engineers Bara Consulting as part of the Definitive Feasibility Study. The review of the LOM will focus on evaluating lower cut-off grades and previously excluded mining blocks, which may now be potentially more viable under the current gold price environment. Unlocking these zones could increase the Ore Reserve base and support an accelerated production ramp-up, to enhance project economics. MINING ON THE Other REEFS. The WBP comprises three distinct reef mining targets, each slated for sequential development: the Kimberley Reef (where Qala Shallows is located), Main Reef, and Bird Reef. The WBP's Main Reef project targets high-grade gold remnants located approximately 800 metres north of the Bird Reef. The orebody is accessible via existing infrastructure, requiring a minimal surface mining footprint and offering a low environmental impact. Historically, parts of the Main Reef were excluded from planned development due to economic thresholds. The Directors confirm that it is reasonable to include these inferred mineral resources in the well-understanding and researched structure of the Witwatersrand Basin and the views provided to WWI by independent geological expert consultants, given the project's lo cation and geology. Based on these results, West Wits initiated additional studies to identify and address the engineering and operational requirements necessary to achieve a significant increase in production. This led to the conceptualisation of Project 200, which targets aspirational production of 200,000 oz per annum. West Wits is undertaking these reviews with a focus on unlocking additional value for shareholders from the WBP in the current higher gold price environment. Results of this work when released have the potential to increase clarity for the Company and the investor market around the longer-term vision and plans to maximise realisable value from the WBP. In parallel, and subject to funding progress, the Company continues to evaluate its forward exploration and feasibility strategies to ensure its development pipeline remains robust and aligned with long-term growth objectives. Independently of these initiatives, the Company is steadfastly progressing its plans to commence operations at its Qala Shallows gold project. The Company continues making positive progress for finalising funding to commence operations at its QAL Shallows gold project. Updates on the progress of funding will be provided as and when available. In the meantime the Company has secured interim loan funding of USD 550,000 at 10% interest per annum (capitalising) to provide ongoing working capital pending finalisation of the Qala Shallows funding package. It holds the world's largest known gold reserves and has produced over 1.5 billion ounces (over 40,000 metric tons), representing about 22% of all the gold accounted for above the surface. In Western Australia, WWI is exploring gold and copper at the Mt Cecilia Project in a district that supports several world-class projects such as Woodie manganese mine, Nifty copper and Telfer gold/copper/silver mines. Tillkännagivande • Oct 23
West Wits Mining Limited, Annual General Meeting, Nov 25, 2024 West Wits Mining Limited, Annual General Meeting, Nov 25, 2024. Location: offices of william buck, level 20, 181 william street, melbourne vic 3000 Australia Tillkännagivande • Aug 26
West Wits Mining Limited announced that it has received $1.5 million in funding West Wits Mining Limited announced a private placement that it has issued a convertible note to existing and new unrelated sophisticated and professional investors for the gross proceeds of $1,500,000 on August 26, 2024. The issue of convertible notes is subject to shareholder approval which the Company intends to seek at an EGM anticipated to be held in early October 2024. The Company will receive the subscription funds for the convertible notes from investors on or around 29 August 2024 as a loan pending receipt of shareholder approval. Each convertible note has an issue price and face value of $25,000. The convertible notes have a conversion price of $0.02 until January 17, 2025 and thereafter have a conversion price of the lesser of $0.02 or a 20% discount to the 15-day VWAP of WWI shares at that time. Tillkännagivande • Jan 15
West Wits Mining Limited Announces Resignation of Peter O'Malley as Non-Executive Director West Wits Mining Limited advised that Peter O'Malley has resigned as a Non-Executive Director of the Company. Mr. O'Malley was appointed in connection with the initial investment of Wingfield Durban Deep LP (Wingfield) in the Company in early 2020. Mr. O'Malley has an ongoing affiliation with Wingfield, and has resigned to avoid any potential perceived conflict of interest in his role as a Non-Executive Director of the Company. In that regard, the Company is continuing to progress its plans for funding the Witwatersrand Basin Project (WBP) which include further potential investment by Wingfield. Date that director ceased to be director: 15 January 2024. Tillkännagivande • Nov 03
West Wits Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.2 million. West Wits Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 109,090,909
Price\Range: AUD 0.011
Transaction Features: Subsequent Direct Listing Tillkännagivande • Sep 30
West Wits Mining Limited, Annual General Meeting, Nov 23, 2023 West Wits Mining Limited, Annual General Meeting, Nov 23, 2023. Tillkännagivande • Jul 11
West Wits Mining Limited Announces Board and Management Changes West Wits Mining Limited provided the following update on its management and board. Jac van Heerden will transition from Managing Director of WWI to non-executive director, effective 31 July 2023. Jac is relinquishing his executive role at WWI to take up a position as General Manager of a new and substantial Copper, Zinc and Gold project in East Africa. The appointment represents a significant career opportunity for Jac and validates the high regard in which he is held by the industry. WWI has been fortunate to have a professional of Jac's skill and reputation to plan the development of its Witwatersrand Basin Project. The company is delighted that he will remain engaged in Company as a non-executive director as the company advance South African Gold projects. Following Jac's move, Rudi Deysel will assume the role of Chief Operating Officer and Country Manager (RSA). Rudi has worked closely with Jac over the last two and a half years to deliver the project to execution status. He has been responsible for establishing all required site infrastructure in preparation for mining as well as all execution permits, operations contracts and Mine Health and Safety Procedures. In addition to a formal degree in mining engineering Rudi also holds a B.Sc. (Geophysics) as well as an MBA. Rudi has over 20 years' operational mining experience including senior positions at Anglo American, ERG, Asanko Gold and other major miners. The Board, including Mr. van Heerden, fully endorse Rudi's credentials to complete delivery of the Qala Shallows stage 1 of WBP on finalisation of funding. As a non-executive director Jac will continue to be available to support Rudi and the team in that capacity. In addition to the above changes, WWI has appointed Mr. Keith Middleton as Executive Manager Commercial. Keith is an experienced executive of ASX listed companies specialising in the Australian and International resources sector. He is highly skilled in financial analysis, risk management, major capital works expenditure, corporate governance and ESG regulations. He is the former Managing Director of American Rare Earths where he had direct accountability for mining operations and exploration activities coupled with strategy formulation, project evaluation and investor relations. Keith's role has a broad scope including investor relations, strategy, corporate operations, and management. He will be a key member of the WWI executive team going forward. As part of these changes, Michael Quinert as Chairman will also take a more active role in day-to-day operations. The updated management structure will be reviewed upon the commencement of mining at Qala Shallows. Tillkännagivande • Feb 10
West Wits Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. West Wits Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 107,142,857
Price\Range: AUD 0.014
Discount Per Security: AUD 0.00084
Transaction Features: Subsequent Direct Listing Tillkännagivande • Jan 18
West Wits Mining Limited Announces Maiden Drill Holes Hit Significant Gold Intercept at the Mt Cecelia Project West Wits Mining Limited announced that it has received assay results from the previously disclosed drill program conducted by Farm-In partner, Rio Tinto Exploration Pty Limited (RTX) at the Mt Cecelia Project in the Paterson Province, Western Australia. Initial assay results received for two holes (WEWI0001 & WEWI0004) from the RC drill programme undertaken in late 2022 to test the primary EM target "SGC-1" at the Mt Cecelia Project (E45/5045) that is the subject of a farm-in agreement between Rio Tinto Exploration Pty Limited ("RTX") and West Wits. RTX successfully completed 1,036m of RC drilling on target SGC-1 in four holes, with samples sent to ALS for assaying. Initial results confirm significant intervals of gold mineralization, with both holes ending in gold mineralization. Hole WEWI0004 contains 24m @ 0.95 g/t Au within a broader mineralized interval of 82m @ 0.51g/t Au. Hole WEWI0001 contains 20m @ 0.93 g/t Au within a broader mineralized interval of 56m @ 0.55g/t Au. Gold anomalism is hosted in variably altered (ferruginous silicification and chloritization) metasediments. Hole WEWI0004 drilled through the metasediments into a mafic unit and back into metasediments. Quartz veining and trace sulphides (sphalerite, pyrite and pyrrhotite) were observed in the variably altered metasediment that dominated the lower part of hole WEWI0001 (158-250m). Note that WEWI0001 did not reach the modelled EM plate, which was the primary target. Assay results from WEWI0003 and WEWI0005 are outstanding and will provide additional information to guide interpretation. Analysis of the remaining two holes is being completed by ALS and results are expected in coming weeks. The first pass drilling programme targeted a moderate-strong EM anomaly identified from airborne and ground EM surveys previously undertaken by West Wits. The anomalies were initially interpreted as potential bedrock conductors that may represent base metal sulphide mineralization. The assays received for WEWI0001 and WEWI0004 contained relatively low levels of base metal anomalism (the initial target) but significantly elevated Au results. The existence of elevated Au results at SGC-1 provides a basis for the exploration team to reassess initial interpretations of the remaining seven EM targets (SGC-2 to SGC-8)2. The drilling consisted of two initial angled holes (WEWI0001 & WEWI0003) which, due to challenging unconsolidated cover conditions, failed to reach the planned 300m depth. Two additional holes (WEWI0004 & WEWI0005) were drilled vertically to reduce the cover risks and achieved the target depth. Interpretations and planning of further work will be undertaken after receipt of the assays from WEWI0003 & WEWI0005. Future work may also include further petrographic analysis to better understand the geology and nature of the mineralization, as well as detailed geophysical surveys and additional drilling. WWI's Mt Cecelia project is located in the Paterson Province of Western Australia, approximately 150km ENE of Marble Bar, 150km NW of Telfer Mine, and 120km NNW of Nifty mine (aerial distance). The geological setting of the target area is relatively poorly understood, being proximal to the boundary of the Proterozoic Paterson Orogen and the Archean Pilbara Craton, much of which is concealed beneath more recent sedimentary cover. The major Vines Fault structure is interpreted to run broadly NNE-SSW through the centre of E45/5045 towards the Nifty mine. Limited relevant mineral exploration activity in the area of interest (at SGC-1) has previously been completed, and this has been restricted to broad spaced geophysical surveys with the nearest drilling several kilometres away.