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WA Kaolin thrilled with IPO as work advances on first stage expansion at Wickepin Kaolin project

WA Kaolin Ltd's (ASX:WAK) Andrew Sorensen speaks to Proactive's Andrew Scott soon after making a strong start to trading on the ASX supported by an oversubscribed IPO which raised $22 million. The company recently released a robust definitive feasibility study on its Wickepin Kaolin Project, southeast of Perth in WA and has begun construction work leading to staged development.

Quick facts: WA Kaolin Ltd

Price: 0.18 AUD

ASX:WAK
Market: ASX
Market Cap: $50.91 m
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WA Kaolin looks to raise $22 million to significantly increase production as...

WA Kaolin's Andrew Sorensen speaks to Proactive's Andrew Scott soon after lodging the prospectus to list on the ASX and says they are expecting to open the offer to investors on Monday October 19. The company was formed when it purchased mining tenements from Rio Tinto in the 90s. ''We've been...

on 14/10/20

2 min read