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West Wits Mining Ltd shares surge after securing equity financing facility to raise up to $75 million

West Wits Mining Ltd (ASX:WWI) shares surged more than 20% higher intra-day after entering into an equity financing facility with SBC Global Investment Fund.

United statesMichael quinertGlobal investment fundTaurum internationalWits mining ltdWest wits mining ltdInvestment fundNorth americanWingfield capital partnersWitwatersrand basin project

West Wits Mining Ltd raises A$5 8 million in well-supported rights issue

A further $2 million is expected to come by way of shortfall arrangements taking total capital raising proceeds, including a $A1.6 million.

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