Westwater Resources Enters into Exclusivity for $150 million Secured Debt Facility with a Global Financial Institution
Westwater Resources, Inc. (WWR)
Last westwater resources, inc. earnings: 8/8 04:39 pm
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Source: Business Wire
CENTENNIAL, Colo.--(BUSINESS WIRE)--Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company, announced today that it has executed a term sheet and agreed to exclusivity with a global financial institution for a $150 million secured debt facility, which would be used to complete the construction of Phase I of the Kellyton Plant.“Following the announcement of our second offtake agreement in July, Westwater has reached another significant milestone by entering into exclusivity with a global financial institution for a debt facility that is expected to provide the necessary capital to complete construction at the Kellyton Plant,” said Terence J. Cryan, Westwater’s Executive Chairman. “We anticipate a busy and active fall as we work through diligence, loan documentation, and target closing in the fourth quarter of this year.”In support of closing the debt financing, Westwater has engaged McDermott Will & Emery as couns
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WWR
Sec Filings
- 11/14/24 - Form 10-Q
- 10/18/24 - Form 424B3
- 10/15/24 - Form 4
- WWR's page on the SEC website