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Westgate Energy Secures $2.5 Million in Financing for Strategic Acquisition

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Westgate Energy Secures $2.5 Million in Financing for Strategic Acquisition

Target Capital ( (TSE:WGT) ) has issued an announcement.

Westgate Energy Inc., a company operating in the energy sector, has successfully closed a best-efforts financing round, raising approximately $2.5 million through the sale of units comprising common shares and warrants. The financing, led by Haywood Securities Inc., will support Westgate’s acquisition of Mannville Stack assets in East-Central Alberta, enhancing its strategic positioning in the region.

More about Target Capital

YTD Price Performance: -27.27%

Average Trading Volume: 75,840

Technical Sentiment Signal: Buy

Current Market Cap: C$5.96M

For a thorough assessment of WGT stock, go to TipRanks’ Stock Analysis page.

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