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State: 17.08.2024 | 11PM
Mon, 28.10.2024       Westgold Resources
AU000000WGX6

Syndicated Facility With Existing Lenders Increased to $300M

PERTH, Western Australia, Oct. 28, 2024 /CNW/ - Westgold Resources Limited (ASX: WGX) (TSX: WGX) (OTCQX: WGXRF) – Westgold or the Company) is pleased to announce it has executed a commitment letter with ING Bank (Australia) Limited and Societe Generale to increase its existing $100M Syndicated Facility Agreement (SFA) to $300M through the addition of a new $200M facility (Facility B).

The new $200M facility strengthens the Company's balance sheet by providing access to $300M of undrawn facilities (including the undrawn $100M Revolving Corporate Facility) that may be utilised for general corporate purposes.

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