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General mining & base metals

West African Resources Ltd gets ready to raise after shares triple

West African Resources Ltd (ASX:WAF) is heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare.

Shares in the company have tripled in the last six weeks after hitting some broad gold zones at its wholly-owned Tanlouka Gold Project in Burkina Faso.

The halt will remain in place until the opening of trade on Friday 15th April 2016, or earlier if an announcement is made to the market.

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