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An update from West Mining Corp. ( (TSE:WEST) ) is now available.
West Mining Corp. has issued 1,125,000 common shares at a price of $0.05 per share under an option agreement with ESN Investment Corp. This agreement allows West to earn a 100% interest in two mineral claims in Northern British Columbia, enhancing its existing properties. The issuance fulfills West’s six-month option obligations and is subject to a four-month hold period. This move is expected to strengthen West’s mineral exploration portfolio and potentially enhance its market position in the mining industry.
More about West Mining Corp.
West Mining Corp. is a mineral exploration company focused on exploring for copper, gold, and silver in British Columbia. The company owns the Junkers Property and Spanish Mountain West Property, and holds a 100% interest in the Kena Property, which is optioned to Upside Gold Corp.
YTD Price Performance: -74.00%
Average Trading Volume: 12,761
Technical Sentiment Signal: Buy
Current Market Cap: $657.1K
For a thorough assessment of WEST stock, go to TipRanks’ Stock Analysis page.