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WestKam Gold Corp. (TSXV:WKG) announces private placement

Mining, The Market Online Deal Room
TSXV:WKG
25 April 2022 09:00 (EDT)

Source: WestKam Gold Corp.

WestKam Gold Corp. (WKG) has announced a non-brokered private placement for gross proceeds of up to $250,000.

The company will issue up to 2,083,333 units at a price of $0.12 per unit. Each unit consists of one common share and one-half of one transferable common share purchase warrant. Each whole warrant will be exercisable for an additional share at $0.20 per share for a period of one year following the close of the offering.

Proceeds will be used to pay outstanding accounts payable and for working capital.

WestKam is a Canadian gold exploration company focused on developing the Bonaparte Gold Project near Kamloops B.C.

WestKam Gold Corp. (WKG) opened trading at C$0.17 per share.

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