Wia Gold has moved its Kokoseb Gold Project in Namibia closer to construction after securing firm commitments for a $125 million placement that, together with proposed debt financing and existing cash, is expected to complete the project’s funding package through to first gold. Combined with a proposed US$360 million debt facility from Sprott and existing cash reserves, the equity raise gives Wia a significantly stronger financial platform to progress Kokoseb from feasibility into construction. Wia Gold’s latest capital commitment brings its flagship project closer to the point where the scale of its resource can be translated into construction, production and long term economic value.