Westwater Resources Announces Update on Debt Financing and Feasibility Results for Phase II of Its Kellyton Graphite Processing Plant
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Westwater Resources, Inc. (NYSE American: WWR) has received final investment committee approval for debt financing from its lead lender for the Kellyton Graphite Processing Plant. The company is working with Cantor Fitzgerald to finalize the syndication and closing of the financing.
January 28, 2025 | 11:45 am
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Westwater Resources has secured final investment committee approval for debt financing for its Kellyton Graphite Processing Plant. This is a significant step towards finalizing the financing with Cantor Fitzgerald.
The approval for debt financing is a positive development for Westwater Resources as it indicates progress in securing necessary funds for the Kellyton Plant. This could lead to increased investor confidence and a potential rise in stock price.
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