Posts by Marketwire - Mining and Metals:

Western Areas retires convertible bond from cash reserves

Western Areas NL ("Western Areas") (TSX:WSA)(ASX:WSA) is pleased to announce full repayment from cash reserves of the A$105.5m convertible bond issue expiring today. The repayment is consistent with guidance provided to the market over the last 12 months confirming the company's focus on maintaining a sound and stable balance sheet.