Winshear Gold Announces $2,500,000 Private Placement

Core Viewpoint - Winshear Gold Corp. is conducting a non-brokered private placement to raise $2,500,000 for its Portsoy project and general working capital [2][3]. Group 1: Private Placement Details - The company is offering 25,000,000 Units at a price of $0.10 per Unit, with each Unit consisting of one common share and one half of a common share purchase warrant [2]. - Each full warrant allows the holder to purchase one common share at a price of $0.20 for a period of 36 months from the closing date [2]. - Finder's fees of up to 6% cash and a 6% warrant will be paid, with terms similar to the Unit warrants [2]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated to a drill program at the Portsoy project in Scotland and for general working capital [3]. Group 3: Regulatory and Compliance Information - The completion of the private placement is subject to approval from the TSX Venture Exchange [3]. - All securities issued will be subject to a hold period of four months and one day from the date of issuance [3]. Group 4: Company Overview - Winshear Gold Corp. is a Canadian-based minerals exploration company with projects in Scotland (Portsoy Project) and Ontario (Thunder Bay Project) [4].