West Coast Silver to Raise AU$3 Million via Share Placement; Shares Down 13%

MT Newswires Live

2025/12/31

West Coast Silver (ASX:WCE) received firm commitments to raise AU$3.2 million through the placement of 16.8 million shares at AU$0.19 apiece, according to a Wednesday filing with the Australian bourse.

Proceeds will be used for drilling, assay processing, and follow-up exploration at the Elizabeth Hill project in Western Australia, the filing said.

Shares fell 13% in afternoon trade on Wednesday.

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