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Vancouver, BC, June 24, 2024 (GLOBE NEWSWIRE) -- West Mining Corp. (“West” or the “Company”) (CSE: WEST) (OTC: WESMF) (FRA: 1HL) is pleased to announce that it will be conducting a non-brokered private placement of up to $500,000 through the issuance of up to 1,666,667 units at a price of $0.30 per unit (the “Financing”). Each unit will consist of one common share and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of $0.40 for a period of two years from the date of issuance, provided that if the closing price of the common shares on the Canadian Securities Exchange is at or above $0.60 for 10 consecutive trading days, then the expiry date for the warrants will be automatically accelerated to the date which is 30 days after the date the Company provides notice of such acceleration to the holders of the warrants by issuing a news release. The Company may pay finder’s fees in connection with the Financing. The Company intends to use the proceeds of the Financing for exploration of its Spanish Mountain and Junker properties, marketing/investor relations and general working capital.
VANCOUVER, B.C., June 06, 2024 (GLOBE NEWSWIRE) -- WEST MINING CORP. (“WEST” OR THE “COMPANY”) (CSE: WEST) (OTC: WESMF) (FRA: 1HL) is pleased to announce the appointment of Harrison Cookenboo, Ph.D., P.Geo., to its advisory board. Dr. Cookenboo is a professional geologist with more than 35 years of experience studying and evaluating geologic prospects, deposits and processes around the world.
Vancouver, BC, May 29, 2024 (GLOBE NEWSWIRE) -- West Mining Corp. (“West” or the “Company”) (CSE: WEST) (OTC: WESMF) (FRA: 1HL) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Financing”), raising gross proceeds of $825,000 through the issuance of an aggregate of 4,125,000 units at a price of $0.20 per unit. Each unit consists of one common share and one transferable share purchase warrant, with each warrant exercisable for one common share at a price of $0.40 until May 30, 2026. In connection with the Financing, the Company paid finder’s fees of $55,889 and issued an aggregate of 215,500 finder’s warrants, each exercisable for one common share at a price of $0.20 until May 30, 2026. Securities issued under the Financing are subject to a four month hold period expiring September 30, 2024, in accordance with applicable Canadian securities laws. The Company intends to use the proceeds of the Financing for general working capital.
VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- WEST MINING CORP. (“WEST” OR THE “COMPANY”) (CSE: WEST) (OTC: WESMF) (FRA: 1HL) is pleased to announce the appointment of Richard Lonsdale-Hands to its advisory board. Mr. Lonsdale-Hands is a seasoned investor with over 50 years of experience in investment banking, resources and property management. He has held many significant roles of director, president, managing director and advisor with multiple small and large capitalization companies throughout his career.