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An update from Westward Gold Inc ( (TSE:WG) ) is now available.
Westward Gold Inc. announced that Crescat Capital LLC has exercised its over-allotment option, increasing its total investment in the company’s non-brokered private placement to C$1.5 million. The funds will be used primarily for drilling at Westward’s Toiyabe Hills Property in Nevada and for general working capital purposes. This investment highlights Crescat’s confidence in Westward’s exploration projects and strengthens the company’s financial position to advance its mineral exploration activities.
More about Westward Gold Inc
Westward Gold is a mineral exploration company focused on developing the consolidated Toiyabe Hills Project located in the Cortez Hills area of Lander County, Nevada, and the Coyote and Rossi Projects located along the Carlin Trend in Elko County, Nevada. The company may also evaluate the acquisition of other mineral exploration assets and opportunities.
YTD Price Performance: 18.75%
Average Trading Volume: 144,570
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$12.51M
Find detailed analytics on WG stock on TipRanks’ Stock Analysis page.