Westwater Resources Expects Kellyton Debt Financing to Close in January 2025
Westwater Resources, Inc. (WWR)
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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 (“Westwater” or the “Company”), announces that the closing on a debt financing to fund the remaining construction costs of the Kellyton Graphite Plant is anticipated in January 2025.During the fourth quarter, Westwater continued to move through the diligence and loan documentation processes related to the transaction. This process included hosting lenders at the Kellyton site in Alabama, completing technical due diligence using an independent third-party engineering firm, completing legal and insurance due diligence, and working with counsel to prepare and review loan documents.“Being the first of its kind facility, the diligence performed regarding our Kellyton Graphite Plant has understandably been substantial,” said Steve Cates, Westwater’s SVP-Finance and CFO. “We anticipate closing the loan in January of 2025.”Westwate
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- Westwater Resources, Inc. (NASDAQ: WWR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Westwater Resources, Inc. (NASDAQ: WWR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Westwater Resources, Inc. (NASDAQ: WWR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
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WWR
Sec Filings
- 12/23/24 - Form 4
- 11/14/24 - Form 10-Q
- 10/18/24 - Form 424B3
- WWR's page on the SEC website