West Mining Corp. (TSE:WEST) has released an update.
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West Mining Corp. has successfully completed an oversubscribed private placement, raising $825,000 by issuing units at $0.20 each, which include common shares and share purchase warrants. The proceeds are earmarked for general working capital. Additionally, the company has issued 400,000 common shares at $0.39 each for advisory services, with both issuances subject to a four-month hold period.
For further insights into TSE:WEST stock, check out TipRanks’ Stock Analysis page.