PriceSensitive

West Oak Gold (CSE:WO) closes IPO

Mining
CSE:WO
12 August 2021 13:45 (EDT)

Source: Eastfield Resources Ltd.

West Oak Gold (WO) has successfully completed its initial public offering of 4,025,000 common shares for gross proceeds of $402,500.

Its Agent, Research Capital Corporation and members of its selling group received a cash commission equal to 10 per cent of the gross proceeds of the offering and warrants to purchase up to 402,500 shares at a price of $0.10 for up to 36 months from the day West Oak’s shares are listed on the Canadian Securities Exchange. The Agent was also paid a corporate finance fee.

West Oak is a Canadian gold exploration company exploring the Hedge Hog Gold Project located 15km north of the town of Wells in the Caribou Mining Division of central British Columbia.

West Oak’s common shares will commence trading on the Canadian Securities Exchange on August 16, 2021 under the trading symbol WO.

Related News