Westward Gold Inc (TSE:WG) has released an update.
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Westward Gold Inc. has expanded its non-brokered private placement to potentially raise up to C$1.5 million by issuing more units consisting of shares and warrants. This increase reflects strong demand and support from shareholders, as expressed by CFO Andrew Nelson, particularly in light of favorable gold market conditions. The raised funds will primarily finance advanced exploration activities on the company’s Nevada properties and general working capital.
For further insights into TSE:WG stock, check out TipRanks’ Stock Analysis page.