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WKG WestKam Gold Corp

0.115
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
WestKam Gold Corp TSXV:WKG TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.115 0.085 0.105 0 21:00:00

WestKam Gold Closes Private Placement

06/11/2012 10:26pm

Marketwired Canada


WestKam Gold Corp. (TSX VENTURE:WKG) (the "Company") is pleased to announce it
has closed its previously announced non brokered private placement. A total of
5,223,200 units of the Company were subscribed; consisting of 733,333
flow-through units at a price of $0.15 per unit for gross proceeds of $110,000
and 4,489,867 non flow-through units at a price of $0.15 for gross proceeds of
$673,480. Each flow-through unit will consist of one flow-through common share
and one common share purchase warrant, and each non flow-through unit will
consist of one common share and one common share purchase warrant. All warrants
are exercisable at a price of $0.30 per warrant share for a period of two years
following the close of the private placement. Proceeds arising from the sale of
the flow-through units will be used to advance the Bonaparte Gold Project.
Proceeds arising from the sale of the non flow-through units will be used for
general working capital purposes.


The Company may pay a commission to certain introducing parties in respect of
the private placement, subject to compliance with applicable securities
legislation and TSX Venture Exchange policies. The private placement is subject
to the approval of the TSX Venture Exchange Inc.


About WestKam Gold Corp.

WestKam Gold Corp. is a Canadian gold exploration company focused on developing
the Bonaparte Gold Project near Kamloops, British Columbia. Additional
information can be found on the company's website at www.westkamgold.com


ON BEHALF OF THE BOARD OF DIRECTORS

Matt Wayrynen, President

FOR FURTHER INFORMATION PLEASE CONTACT: 
WestKam Gold Corp.
John Ulmer
Investor Relations
778.994.6453
www.westkamgold.com


WestKam Gold Corp.
Suite 900, 570 Granville Street
Vancouver, BC V6C 3P1

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