WESCAN GOLDFIELDS INC. ("WGF")
BULLETIN TYPE: Private Placement - Non-Brokered
BULLETIN DATE: November 14, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 1, 2023 and September 29, 2023:
Number of Shares: 600,000 Flow-Through Shares ("FT Shares").
3,000,000 common share units ("Units"). Each Unit consists of one common share and one common share purchase warrant.
Purchase Price: $0.06 per FT Share and $0.05 per Unit.
Warrants: 3,000,000 share purchase warrants to purchase 3,000,000 common shares
Warrant Price: $0.06 per common share exercisable for a period of one year from the date of issuance
Number of Placees: 8 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Units
Aggregate Existing Insider Involvement: N/A N/A
Aggregate Pro Group Involvement: 1 200,000
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: N/A N/A N/A
Finder's Warrants Terms: N/A
The Company issued a news release on September 29, 2023, October 20, 2023 and November 10, 2023 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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