Westhaven Completes Private Placement and Grants Options

Westhaven Ventures (TSE:WHN) has released an update.

Westhaven Gold Corp. has announced the completion of its non-brokered private placement, issuing over 7.9 million flow-through shares to raise C$1.823 million for exploration expenses in British Columbia. The funds are earmarked for Canadian exploration expenses at the Shovelnose gold property, with tax benefits to be transferred to investors. Additionally, the company has granted 3.9 million stock options to its directors, officers, and consultants.

For further insights into TSE:WHN stock, check out TipRanks’ Stock Analysis page.