WestKam Gold Announces Close of Private Placement
December 13 2017 - 6:16PM
WestKam Gold Corp. (TSX-V:WKG) (the
“
Company” or
“WestKam”) is
pleased to announce that is has closed its private placement
announced on September 22, 2016. The Company raised $912,000
through the issuance 31,750,000 flow-through units and 13,850,000
non-flow-through units.
All securities issued pursuant to this private
placement are subject to a hold period that expires April 14, 2018,
in compliance with Canadian securities laws and the policies of the
TSX Venture Exchange. The funds will be used for the purposes
set out in the September 22, 2017 news release.
About WestKam Gold Corp.WestKam 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
“Dana Dziurzynski”
Dana Dziurzynski,
President
WestKam Gold Corp.Suite 900, 570 Granville
StreetVancouver, BC V6C 3P1 |
Contact: |
Investor
Relationsir@westkamgold.comwww.westkamgold.com |
|
|
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Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
Forward-looking informationAll statements
included in this press release that address activities, events or
developments that the Company expects, believes or anticipates will
or may occur in the future are forward-looking statements. In
particular, this news release contains forward-looking information
regarding the Offering and the use of proceeds of the Offering.
These forward-looking statements involve numerous assumptions made
by the Company based on its experience, perception of historical
trends, current conditions, expected future developments and other
factors it believes are appropriate in the circumstances. These
assumptions include, but are not limited to: TSXV acceptance of the
Offering; future costs and expenses being based on historical costs
and expenses, adjusted for inflation; and market demand for, and
market acceptance of, the Offering. In addition, these
statements involve substantial known and unknown risks and
uncertainties that contribute to the possibility that the
predictions, forecasts, projections and other forward-looking
statements will prove inaccurate, certain of which are beyond the
Company’s control. Readers should not place undue reliance on
forward-looking statements. Except as required by law, the
Company does not intend to revise or update these forward-looking
statements after the date hereof or revise them to reflect the
occurrence of future unanticipated events.
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