Core Viewpoint - West Mining Corp. is initiating a non-brokered private placement to raise up to $600,000 through the issuance of units priced at $0.0525 each, with proceeds aimed at general working capital and mineral property costs [1] Financing Details - The financing will involve the issuance of up to 11,428,571 units, each consisting of one common share and one transferable share purchase warrant [1] - Each warrant allows the holder to purchase one common share at a price of $0.07 for two years from issuance [1] - The company may pay finder's fees related to the financing, and securities issued will be subject to a four-month hold period under Canadian securities laws [1] Company Overview - West Mining Corp. is focused on mineral exploration for copper, gold, and silver on its 100% owned properties, including the Junkers Property and the Spanish Mountain West Property in British Columbia [3] - The company also holds a 100% interest in the Kena Property, which has been optioned to Upside Gold Corp [3]
West Mining Announces Financing
Thenewswire·2026-01-29 10:00