West African Resources Suspended from ASX Over Burkina Faso Deal Delay

MT Newswires Live

Sep 01

West African Resources (ASX:WAF) has been suspended from trading on the Australian Securities Exchange after missing the Sept. 1 deadline to disclose the Burkina Faso government's request to purchase an additional 35% stake in its subsidiary, Kiaka, according to a Monday Australian bourse filing.

The suspension follows a trading halt requested by the company on Aug. 28 to allow time for the company to disclose the update, the filing said.

The ASX will keep trading suspended until the company meets its disclosure obligations and approval is granted to resume, the filing added.

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