West Mining Corp. (TSE:WEST) has released an update.
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West Mining Corp. is set to raise $500,000 through a non-brokered private placement by offering up to 1,666,667 units at $0.30 each, which includes a common share and a share purchase warrant. The funds will support exploration activities on their Spanish Mountain and Junker properties, among other corporate purposes. The securities will be available to Canadian investors, excluding Quebec, and are not subject to U.S. registration requirements.
For further insights into TSE:WEST stock, check out TipRanks’ Stock Analysis page.