Wolf Minerals Limited (ASX:WLF,AIM:WLFE) released their quarterly activities report, which included major milestones in regards to the required funding for the Hemerdon project.
As quoted in the press release:
Highlights from the December quarter include:
- A total funding package of A$212 million (£141)* was secured, which comprised: A$20.3 million placement completed, US$82 million funding package secured, Credit approval received for £75 million senior debt funding
- Opening of Wolf UK office
- Senior management appointments