Westward Gold Inc (TSE:WG) has released an update.
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Westward Gold Inc. has successfully completed an oversubscribed non-brokered private placement, raising approximately C$1.66 million through the issuance of over 20 million units. The funds will primarily support advanced exploration efforts on the Cortez Trend properties, evaluate potential mergers and acquisitions, and provide general working capital. The offering included participation from company insiders, adhering to regulatory requirements, and securities offered are not registered in the U.S. and are subject to restrictions.
For further insights into TSE:WG stock, check out TipRanks’ Stock Analysis page.