WestKam Gold Corp. Announces up to $300,000 Non-Brokered Private Placement

Core Viewpoint - WestKam Gold Corp. is proposing a non-brokered private placement of up to $300,000 to fund various operational expenses and working capital needs [1][2]. Group 1: Offering Details - The company plans to issue up to 4,285,715 units at a price of $0.07 per unit, with each unit consisting of one common share and one common purchase warrant [1]. - Each warrant will be exercisable for one common share at a price of $0.10 for a period of three years [1]. - The offering is available to qualified purchasers under exemptions from prospectus and registration requirements [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to pay outstanding trade payables, legal fees, audit fees, transfer agent fees, and for general working capital [2]. Group 3: Regulatory Compliance - The completion of the offering and any associated finders' fees are subject to necessary regulatory approvals, including those from the TSX Venture Exchange [2]. Group 4: Company Overview - WestKam Gold Corp. focuses on acquiring and developing mineral properties in Western Canada, targeting areas with strong potential for significant resources [3].