Western Alaska Minerals Unveils $6.5M Exploration Funding

Western Alaska Minerals Corp (TSE:WAM) has released an update.

Western Alaska Minerals Corp has announced a new financing strategy, aiming to raise $6.5 million through a combination of a $5 million brokered offering and a $1.5 million non-brokered offering to fund its 2024 exploration program. The raised funds will be used primarily for step-out drilling at promising new target zones identified in the company’s recent geophysical program. Investors will be offered units consisting of shares and warrants, with the potential for agents to increase the brokered offering by 15% and earn commissions and additional warrants.

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