Lake Victoria Gold Ltd. press release
Westwater Resources shares new financial updates to optimize Kellyton Graphite Plant
TSXV - TSX Venture Exchange · Gold · Canada · Corporate Finance
--News Direct--
Westwater Resources executive chairman Terence Cryan joins Proactive's Natalie Stoberman to share the company's newly-released strategic, operational and financial updates that are expected to optimize the Kellyton Graphite Plant in Alabama.
Cryan says the company now expects the total Phase I capital requirements for the Kellyton Graphite Plant to be approximately $271 million.
This financial update is expected to more than double Kellyton's expected annual production. Cryan adds that the company has also secured a term sheet for $150 million of private debt to cover the balance of the Phase I capital requirements.
Contact Details
Proactive USA
+1 347-449-0879
na-editorial@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/westwater-resources-shares-new-financial-updates-to-optimize-kellyton-graphite-plant-114081332
Earlier from Lake Victoria Gold Ltd.
- Westwater Resources discusses its domestic expansion with growing battery-grade graphite demand
- Keynotes, Educational Panels and 66 Companies to Present at the Planet MicroCap Showcase: VIRTUAL on April 20-22, 2021
- 49 Public Companies to Present at the SNN Network Virtual Conference on August 3-6, 2020
More corporate finance releases
- Lundin Mining Announces Updated Share Capital and Provides Update on Share Buybacks Lundin Mining Corporation (LUN.TO),
- United States Lime & Minerals Reports Third Quarter 2026 Results and Declares Regular Quarterly Cash Dividend United States Lime & Minerals, Inc. (USLM),
- International Petroleum Corporation Updated Share Capital International Petroleum Corporation (IPCO.TO),