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Westhaven Gold (TSXV:WHN) closes oversubscribed non-brokered private placement

Mining
TSXV:WHN
29 July 2022 08:30 (EDT)

Westhaven Gold Corp. (WHN) has closed its previously announced, oversubscribed non-brokered private placement for gross proceeds of $4,285,533.

The company issued 9,739,847 flow-through common shares at $0.44 per share.

The company paid finders’ fees of $39,001 to Red Cloud Securities Inc., $18,876 to National Bank Financial Inc., and $1,320 to Haywood Securities Inc.

All securities issued will be subject to a four-month hold period.

Westhaven is a gold exploration company advancing the high-grade discovery on the Shovelnose project, the Spences Bridge Gold Belt, in B.C.

Westhaven controls 37,000 hectares (370 square kilometres) with four wholly-owned gold properties spread along this underexplored belt.

Westhaven Gold Corp. (WHN) opened trading at C$0.39.


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