- WestKam Gold Corp. has announced a non-brokered private placement to raise up to $450,000
- The company will issue units priced at $0.12 and flow-through shares priced at $0.15
- Proceeds from the offering will be used to pay down debt and to fund exploration on the company’s Bonaparte property
- WestKam Gold Corp is a gold exploration company
- WestKam Gold Corp. (WKG) opened trading at C$0.115
WestKam Gold Corp. has announced a non-brokered private placement to raise up to $450,000.
The company will issue up to 1,666,666 units priced at $0.12 and up to 1,666,666 flow-through shares priced at $0.15/share. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will be exercisable for a period of two years following the close of the offering.
Proceeds from the sale of units will be used to pay outstanding accounts payable and working capital. Proceeds from the sale of flow-through shares will fund the exploration of the company’s Bonaparte property.
WestKam is a Canadian gold exploration company focused on developing the Bonaparte Gold Project near Kamloops, British Columbia.
WestKam Gold Corp. (WKG) opened trading at C$0.115.