NEWS RELEASE
WestKam Announces
Vancouver, BC, July 10, 2015 – WestKam Gold Corp.
applied to the TSX Venture Exhcange non-transferable Common Share Purchase W placement in July 2013. The original exercise price was as follows: Units $0.10 Year 2: Units: $0.10 Flow Year 4: Units: $0.10 Flow- Through Units $0.20 Year 5: Units: $0.10 Flow amended exercise price will be $0.05 for all
The Company currently has 13,626,500 warrants issue d and outstanding pert placement, of which only 13,115,000 are eligible fo r amendment pursuant to the policies of the TSX Venture Exchange. The remaining 811,500 Wa were issued as Broker’s Warrants under the private placement. Insiders hold less than 10% of the tota l number of warrants issued pursuant to the private placement.
The proposed amendments to the Warrants is subject to acceptance by the TSX Venture Exchange About WestKam Gold Corp.
WestKam is a Canadian gold exploration company focused on developing the Bonaparte Gold Project near Kamloops, British Columbia. Additional information can be found on www.westkamgold.com .
ON BEHALF OF THE BOARD OF DIRECTORS
Matt Wayrynen, President
WestKam Gold Corp.
Suite 900, 570 Granville Street Vancouver, BC V6C 3P1
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility
Forward-looking information
All statements included in this press release that address activities, events or developments that the Company expects, belie or may occur in the future are forward- looking statements.
Offering and the use of proceeds of the Offering.
on it s experience, perception of historical trends, curr ent conditions, expected future developments and ot her factors it believes in the circumstances. These assumptions include, but are not limited to: TSXV acceptance of the Offering; future c on historical costs and expenses, adjusted for infl ation; and market demand for, and market acceptance of, the Offering. statements involve substantial known and unknown ri sks and uncertainties that contrib projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Exce looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.
NEWS RELEASE
WestKam Announces Warrant Repricing
WestKam Gold Corp. (TSX-V: WKG) (the “Company” or “WestKam applied to the TSX Venture Exhcange to amend the exercise price of a total of 13,115,000 outstanding transferable Common Share Purchase W arrants (the “Warrants”) issued pursuant to a priva te The original exercise price was as follows: Year 1: Units: $0.10 Flow Units $0.10 Year 2: Units: $0.10 Flow -Through Units $0.10 Year 3: Units: $0.10 Flow-Through Units $0.10 Through Units $0.20 Year 5: Units: $0.10 Flow -Through Units $0.20 amended exercise price will be $0.05 for all Warrants issued.
The Company currently has 13,626,500 warrants issue d and outstanding pert aining to the private placement, of which only 13,115,000 are eligible fo r amendment pursuant to the policies of the TSX Venture Exchange. The remaining 811,500 Wa rrants are not eligible for amendment as such Warra nts were issued as Broker’s Warrants under the private placement. Insiders hold less than 10% of the tota l number of warrants issued pursuant to the private placement.
Warrants is subject to acceptance by the TSX Venture Exchange WestKam is a Canadian gold exploration company focused on developing the Bonaparte Gold Project near Kamloops, British Columbia. Additional information can be found on the Company’s website at ON BEHALF OF THE BOARD OF DIRECTORS
Contact: John Ulmer, Investor Relations 778.994.6453 www.westkamgold.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
All statements included in this press release that address activities, events or developments that the Company expects, belie looking statements. In particular, this news release contains forward- looking information regarding the Offering and the use of proceeds of the Offering. These forward-looking statements involve numerous assumptions mad e by the Company based s experience, perception of historical trends, curr ent conditions, expected future developments and ot her factors it believes These assumptions include, but are not limited to: TSXV acceptance of the Offering; future c osts and expenses being based on historical costs and expenses, adjusted for infl ation; and market demand for, and market acceptance of, the Offering. statements involve substantial known and unknown ri sks and uncertainties that contrib ute to the possibility that the predictions, foreca sts, looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not looking statements. Exce pt as required by law, the Company does not intend to revise or update these forward looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events. (the “Company” or “WestKam ”) has a total of 13,115,000 outstanding arrants (the “Warrants”) issued pursuant to a priva te Year 1: Units: $0.10 Flow -Through Through Units $0.10 Through Units $0.20 . The aining to the private placement, of which only 13,115,000 are eligible fo r amendment pursuant to the policies of the TSX rrants are not eligible for amendment as such Warra nts were issued as Broker’s Warrants under the private placement. Insiders hold less than 10% of the tota l Warrants is subject to acceptance by the TSX Venture Exchange WestKam is a Canadian gold exploration company focused on developing the Bonaparte Gold Project the Company’s website at Investor Relations
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the for the adequacy or accuracy of this release.
All statements included in this press release that address activities, events or developments that the Company expects, belie ves or anticipates will looking information regarding the looking statements involve numerous assumptions mad e by the Company based s experience, perception of historical trends, curr ent conditions, expected future developments and ot her factors it believes are appropriate osts and expenses being based on historical costs and expenses, adjusted for infl ation; and market demand for, and market acceptance of, the Offering. In addition, these ute to the possibility that the predictions, foreca sts, looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not pt as required by law, the Company does not intend to revise or update these forward -