The funds raised will be used to fund the capex deposit for long lead items, earthworks and infrastructure and grade control drilling, land acquisition and working capital, allowing the Company to fast track the development of the Yanfolila project. W Resources ( LON:WRES ) – BUY*: Placing to take out Bergen Market Cap: £6.4m; Current Price: 0.22p NORTHLAND CAPITAL PARTNERS VIEW : Taking out the Bergen facility is a major step forward for W Resources that will remove a significant overhang in the Company's shares. Following this positive development we will look to update our forecasts and price target. Uranium Resources ( LON:URA ) – CORP: Loan Agreement Market Cap: £3.7m; Current Price: 0.4p NORTHLAND CAPITAL PARTNERS VIEW: It is positive to see Estes continuing to support Uranium Resources in a difficult environment for uranium companies.