Aurwest Annouces Closing of Non-Brokered Private Placement
AURWEST RESOURCES ANNOUNCES
CLOSING OF NON-BROKERED PRIVATE PLACEMENT
Calgary, Alberta (April 23, 2026) – Aurwest Resources Corporation (“Aurwest” or the “Company”) (CSE:
AWR) is pleased to announce that it has closed its previously announced non-brokered private placement (the
“Private Placement”) for gross proceeds of $248,770 through the issuance of 2,250,668 flow-through shares
(‘FT Shares”) at a price of $0.03 per FT Share and 7,725,000 Conventional Units (“Conventional Units”) at
a price of $0.025 per Conventional Unit (the “Offering”).
Each FT Share consists of one flow-through common share issued at a price of $0.03 per common share. Each
Conventional Unit consist s of one common share (“ Common Share ”) and one common share purchase
warrant (each, a “Warrant”) with each Warrant entitling the subscriber to purchase one additional Common
Share at a price of $0.05 per Common Share for a period of 24 months from the date of issuance subject to the
Company having the right to force conversion of the Warrants, if at any time from and after the date of
issuance, the daily volume -weighted average trading price of the Company’s common shares on th e CSE,
equals or exceeds $0.10 per common share for twenty (20) consecutive trading days.
The proceeds of the Private Placement will be used primarily to fund Aurwest’s continuing exploration
program at Weaver Lake Option and other Canadian exploration expenditures of the Company and for general
corporate purposes.
The Company has paid $6,388.50 in finder’s fees to Ventum Financial Corp. , Leede Financial Inc. and
Raymond James Ltd. pursuant to the Offering (a 7% cash commission).
Participation by insiders of the Company in the Offering constitutes a "related party transaction" within the
meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions
(“MI 61-101”). A total of three Insiders participated in the Offering, acquiring a total of 1,800,000 Units for
gross proceeds $45,000. The Company is relying on exemptions from the formal valuation and minority
shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a), respectively, as the
fair market value of the securities issued to, and the consideration paid by, such Insiders does not exceed 25%
of the Company’s market capitalization.
Closing of the Offering is subject to the Company receiving approvals from the Canadian Securities Exchange
(“CSE”). All securities sold under the Offering will be subject to a four month and one day hold period.
The securities offered have not been, and will not be, registered under the United States Securities Act of 1933,
as amended, (the “U.S. Securities Act”) or any U.S. state securities laws, and may not be offered or sold in
the United States or to, or for the account or benefit of, United States persons absent registration or any
applicable exemption from the registration requirements of the U.S. Securiti es Act and applicable U.S. state
securities laws. This news release does not constitute an offer to sel l or the solicitation of any offer to buy
securities in the United States, nor in any other jurisdiction.
ON BEHALF OF AURWEST RESOURCES CORPORATION
“Cameron MacDonald”
Interim President and Chief Executive Officer
For Additional Information Please Contact
Cameron MacDonald
Telephone: (403) 585-9875
Email: [email protected]
Website: www.aurwestresources.com
About Aurwest Resources Corporation
Aurwest is a Canadian -based junior resource company focused on the acquisition, exploration, and
development of gold properties in Canada.
Forward-Looking Information
Statements included in this announcement, including statements concerning our plans, intentions, and
expectations, which are not historical in nature are intended to be, and are hereby identified as “forward -
looking statements”. Forward looking statements may be identified by words including “anticipates”,
“believes”, “intends”, “estimates”, “expects ” and similar expressions. The Company cautions readers that
forward-looking statements, including without limitation : the Offering, use of proceeds from the Of fering,
certain regulatory and CSE approvals for the Offering, and certain risks and uncertainties that could cause
actual results to differ materially from those indicated in the forward-looking statements. Readers are advised
to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-
looking statements. Any forward -looking statements are made as of the date of this news release, and the
Company assumes no obligation to update the forward -looking statements, except in accordance with the
applicable laws.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of this release.