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West African Resources Limited (ASX:WAF)
ALERT: Price-sensitive ASX Announcement for WAF
Current share price for WAF : $3.910 0.87 (28.62%)+
Announcement
Release
1 Sep 2025 9:55AM
Price at Release
$3.040
Full Release
Summary
West African Resources Limited (WAF) requested a suspension from quotation on the Australian Securities Exchange (ASX) due to the pending announcement regarding the Burkina Faso government's request to acquire an additional 35% of Kiaka SA, a subsidiary of WAF. This suspension follows a trading halt initiated on 28 August 2025. The suspension will remain in effect until WAF complies with the ASX Listing Rules, specifically Rule 3.1, and it is deemed appropriate to reinstate WAF's securities to quotation.
Key Points
- WAF's securities were halted on 28 August 2025 at the company's request.
- Burkina Faso government requests to acquire an additional 35% of Kiaka SA.
- Suspension due to non-compliance with ASX Listing Rule 17.3.
- Reinstatement requires compliance with Listing Rule 3.1 and ASX's satisfaction.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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