NEWS RELEASE
WestKam Announces 1
Vancouver, BC, April 29, 2016 – WestKam Gold Corp.
pleased to announce that is has closed the 2016. The Company raised $1,741,425 flow-through units at a price of $0.03/unit
In conjunction with this offering, the Company paid fi nder’s fees to eligible persons totaling $ cash and 1,650,000 warrants. Each warrant issued as a finder’s fee is exercisabl e into a common share of the Company at a price of $0.05/share for a perio
All securities issued pursuant to this private plac ement are subject to a hold period that expires August 30, 2016, in compliance with Canadian securities la ws and the policies of the TSX Venture Exchange. The funds will be used for the purposes set out in the April 26, 2016 news release.
About WestKam Gold Corp.
WestKam is a Canadian gold exploration company focused on developing the Bonaparte Gold Project near Kamloops, British Columbia. Additional informa www.westkamgold.com .
ON BEHALF OF THE BOARD OF DIRECTORS
“Matt Wayrynen” 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 for the adequacy or accuracy of this release.
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.
use of proceeds of the offering. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions , expected future developments and other factors it believes are appropria circumstances. These assumptions include, but are not limited to: TSXV acceptance of the Offering; future costs and e xpenses being based on historical costs and expenses, adjusted for inflati on; and market demand for, and market acceptance of , the Offering. statements involve substantial known and unknown ri sks and uncertainties that contribute to the possib ility that the predicti projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Com place undue reliance on forward-looking statements. Except 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 occurre
NEWS RELEASE
WestKam Announces 1 st Tranche ($1,741,425) Closing of P rivate Placement WestKam Gold Corp. (TSX-V: WKG) (the “ Company” pleased to announce that is has closed the first tranche of its private placement announced on April 26, $1,741,425 by issuing 42,626,333 flow- through units and through units at a price of $0.03/unit .
conjunction with this offering, the Company paid fi nder’s fees to eligible persons totaling $ Each warrant issued as a finder’s fee is exercisabl e into a common share of the Company at a price of $0.05/share for a perio d of five years from their date of issue.
All securities issued pursuant to this private plac ement are subject to a hold period that expires 30, 2016, in compliance with Canadian securities la ws and the policies of the TSX Venture funds will be used for the purposes set out in the April 26, 2016 news release.
WestKam is a Canadian gold exploration company focused on developing the Bonaparte Gold Project near Kamloops, British Columbia. Additional informa tion 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 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 looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions , expected future developments and other factors it believes are appropria These assumptions include, but are not limited to: TSXV acceptance of the Offering; future costs and e xpenses being based on historical costs and expenses, adjusted for inflati on; and market demand for, and market acceptance of , the Offering. statements involve substantial known and unknown ri sks and uncertainties that contribute to the possib ility that the predicti looking statements will prove inaccurate, certain of which are beyond the Com pany’s control. Readers should not looking statements. Except 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 occurre nce of future unanticipated events. rivate Placement Company” or “WestKam ”) is first tranche of its private placement announced on April 26, through units and 15,421,166 nonconjunction with this offering, the Company paid fi nder’s fees to eligible persons totaling $ 223,932 Each warrant issued as a finder’s fee is exercisabl e into a common share d of five years from their date of issue.
All securities issued pursuant to this private plac ement are subject to a hold period that expires 30, 2016, in compliance with Canadian securities la ws and the policies of the TSX Venture funds will be used for the purposes set out in the April 26, 2016 news release.
WestKam is a Canadian gold exploration company focused on developing the Bonaparte Gold Project tion can be found on the Company’s website at John Ulmer, Investor Relations
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the 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 ves or anticipates will looking information regarding the looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions , expected future developments and other factors it believes are appropria te in the These assumptions include, but are not limited to: TSXV acceptance of the Offering; future costs and e xpenses being based on historical costs and expenses, adjusted for inflati on; and market demand for, and market acceptance of , the Offering. In addition, these statements involve substantial known and unknown ri sks and uncertainties that contribute to the possib ility that the predicti ons, forecasts, pany’s control. Readers should not looking statements. Except as required by law, the Company does not intend to revise or update these forward -