WestKam Announces Closing of Private Placement
NEWS RELEASE
WestKam Announces Closing of Private Placement
Vancouver, BC, May 16, 2016 – WestKam Gold Corp. (TSX-V: WKG) (the “ Company” or “WestKam ”) is
pleased to announce that is has closed its private placement announced on April 25, 2017 and amended
on May 11, 2017. The Company raised $310,000 by issuing 6,500,000 flow-through units and 9,000,000
non-flow-through units (collectively the “Units”) at a price of $0.02/unit.
Each Unit will consist of one common share in the c apital of WestKam (the “ Common Shares ”) and one
Common Share purchase warrant (the “ Warrants ”). Each Warrant will be exercisable into one Common
Share for a period of three years at a price of $0.05/share.
All securities issued pursuant to this private plac ement are subject to a hold period that expires
September 18, 2017, in compliance with Canadian sec urities laws and the policies of the TSX Venture
Exchange. The funds will be used for the purposes set out in the April 25, 2017 and May 11, 2017 news
releases.
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 the Company’s website at
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
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.
Forward-looking information
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will
or may occur in the future are forward-looking stat ements. In particular, this news release contains forward-looking information regarding the
use of proceeds of the offering. These forward-look ing 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 appropriate in the
circumstances. These assumptions include, but are n ot limited to: TSXV acceptance of the Offering; fut ure costs and expenses 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 predictions, forecasts,
projections and other forward-looking statements wi ll prove inaccurate, certain of which are beyond th e Company’s control. Readers should not
place undue reliance on forward-looking statements. Except as required by law, the Company does not i ntend to revise or update these forward-
looking statements after the date hereof or revise them to reflect the occurrence of future unanticipa ted events.