Core Viewpoint - WestKam Gold Corp. has received approval from the TSX Venture Exchange to extend the closing date for its non-brokered private placement to September 30, 2025, aiming to raise up to $250,000 through the sale of units priced at $0.07 each [1][2]. Group 1: Private Placement Details - The company is conducting a non-brokered private placement to raise up to $250,000 by selling up to 3,571,428 units, with each unit consisting of one common share and one common share purchase warrant [2]. - Each warrant is exercisable for one common share at a price of $0.10 for a period of two years [2]. - Proceeds from the sale will be used for exploration on the Will Property and for unallocated working capital [3]. Group 2: Regulatory and Compliance Information - The completion of the offering and any finders' fees are subject to necessary regulatory approvals, including those from the TSX Venture Exchange [3]. - All securities issued under the offering will be subject to a hold period of four months and one day from their issuance date [3]. Group 3: Company Overview - WestKam Gold Corp. focuses on acquiring and developing mineral properties in Western Canada, targeting areas with strong potential for significant resources [4].
Westkam Gold Corp. Extends Private Placement Closing Date
Globenewswire·2025-09-05 15:53