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Wescan Goldfields Upsizes Private Placement to $600,000

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Wescan Goldfields Upsizes Private Placement to $600,000

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Wescan Goldfields ( (TSE:WGF) ) has provided an announcement.

Wescan Goldfields Inc. has announced an increase in its private placement offering due to investor demand, raising the number of units from 10,000,000 to 12,000,000 and the gross proceeds from $500,000 to $600,000. The proceeds will be used to update the Mineral Resource Estimate on Jojay, review technical information on the Jasper mine and Munro Lake project, and for general working capital, enhancing the company’s exploration and development capabilities.

More about Wescan Goldfields

Wescan Goldfields Inc. is a Canadian corporation focused on the acquisition, exploration, and development of mineral properties. It trades on the TSX Venture Exchange under the symbol ‘WGF’.

Average Trading Volume: 80,161

Technical Sentiment Signal: Buy

Current Market Cap: C$2.68M

See more data about WGF stock on TipRanks’ Stock Analysis page.

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