WestKam Gold Corp. Announces Private Placement
December 04 2023 - 8:30AM
WestKam Gold Corp. (TSX-V: WKG) (the “
Company” or
“WestKam”), announces a non-brokered private
placement (the “Offering”) to raise up to $60,000 through the sale
of up to 800,000 units (the “Units”) at $0.075 per Unit and up to
$100,000 through the sale of up to 1,000,000 flow-through units
(the “FT Units”) at a price of $0.10 per FT Unit . Each Unit will
consist of one common share and one common share purchase warrant
exercisable at $0.10 for a period of two years following the close
of the Offering. Each FT Unit will consist of one flow-through
common share and one common share purchase warrant exercisable at
$0.15 for a period of two years following the close of the
Offering.
Proceeds arising from the sale of the FT Units will be utilized
for exploration on the Will Property and proceeds arising from the
sale of the Units will be utilized for unallocated working
capital.
About Westkam Gold
Corp.
Westkam Gold Corp. is focused on acquiring and developing gold
and silver properties with strong potential to host significant
resources in Western Canada. The Company recently added the Will
Claim located in the Goldbridge Mining District near the former
Pioneer and Bralorne mines. The Company continues to seek
additional projects that are in established mining districts with
highly prospective geology.
ON BEHALF OF THE BOARD OF
DIRECTORS For
further information please contact:
Peter
Laipnieks “Peter
Laipnieks”
250.216.5674
Peter Laipnieks, President &
CEO
westkam007@gmail.com
www.westkamgoldcorp.com
Neither the TSX Venture
Exchange nor its Regulation Services Provider
accept responsibility for the adequacy or accuracy of this
release.
Forward-looking information
All statements included in this press release
that address activities, events or developments that the Company
expects, believes or anticipates will or may occur in the future
are forward-looking statements. These forward-looking statements
involve numerous assumptions made by the Company based on its
experience, perception of historical trends, current conditions,
expected future developments and other factors it believes are
appropriate in the circumstances. In addition, these statements
involve substantial known and unknown risks and uncertainties that
contribute to the possibility that the predictions, forecasts,
projections and other forward-looking statements will prove
inaccurate, certain of which are beyond the Company’s control.
Readers should not place undue reliance on forward-looking
statements. Except as required by law, the Company does not intend
to revise or update these forward-looking statements after the date
hereof or revise them to reflect the occurrence of future
unanticipated events.
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