WEST Mining Announces Private Placement
WEST MINING ANNOUNCES PRIVATE PLACEMENT
Vancouver, BC – June 24, 2024 – West Mining Corp. (“West” or the “Company”) (CSE: WEST)
(OTC: WESMF) (FRA: 1HL) is pleased to announce that it will be conducting a non- brokered
private placement of up to $500,000 through the issuance of up to 1,666,667 units at a price of $0.30
per unit (the “Financing”). Each unit will consist of one common share and one transferable share
purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of
$0.40 for a period of two years from the date of issuance, provided that if the closing price of the
common shares on the Canadian Securities Exchange is at or above $0.60 for 10 consecutive trading
days, then the expiry date for the warr ants will be automatically accelerated to the date which is 30
days after the date the Company provides notice of such acceleration to the holders of the warrants
by issuing a news release . The Company may pay finder’s fees in connection with the Financing.
The Company intends to use the proceeds of the Financing for exploration of its Spanish Mountain
and Junker properties, marketing/investor relations and general working capital.
Subject to compliance with applicable regulatory requirements and in accordance with National
Instrument 45- 106 - Prospectus Exemptions (“NI 45 -106”), the Financing is being made to
purchasers resident in each of the Provinces of Canada, except Quebec, pursuant to the listed issuer
financing exemption under Part 5A of NI 45- 106 (the “ Exemption”). The securities offered under
the Exemption will not be subject to a hold period in accordance with applicable Canadian securities
laws. There is an offering document (the “Offering Document”) related to the Financing that can be
accessed under the Company's profile at www.sedarplus.ca and on the Company's website at:
www.westminingcorp.ca. Prospective investors should read this Offering Document before making
an investment decision.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities described in this news release in the United States. Such securities have not been, and will
not be, registered under the United States Securi ties Act of 1933, as amended (the “U.S. Securities
Act”), or any state securities laws, and, accordingly, may not be offered or sold within the United
States, or to or for the account or benefit of persons in the United States or “U.S. Persons”, as such
term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under
the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such
registration requirements.
About West Mining Corp.
West Mining Corp. is a mineral exploration company acquiring and developing advanced and early-
stage exploration projects. Its flagship project is its 100% owned, 9000- hectare prospective Kena
Project located near Nelson, British Columbia. The Kena Project comprises three adjoining
Properties: Kena, Daylight and Athabasca. A 2021 NI43 -101 resource estimate for Kena gave
561,900 oz Au indicated and 2,773,100 oz Au inferred in the Gold Mountain, Kena Gold, and
Daylight Zones. The Daylight property contains the historic past producing Daylight, Starlight,
Victoria, Irene, and Great Eastern gold mines. Along trend to the north is the Athabasca Property,
with the historic Athabasca Gold Mine. The Company also holds a 100% interest in its Spanish
Mountain and Junker properties.
For additional information, please refer to the Company’s public disclosure record available on
SEDAR+ at www.sedarplus.com.
West Mining Corp.
Nader Vatanchi
778-881-4631
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The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of
this release.
Certain statements contained in this press release constitute “forward-looking information” as such term is defined in
applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”, “potential”, “will”,
“seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions as they relate to the
Company, are intended to identify forward-looking information. All statements other than statements of historical fact
may be forward-looking information. Such statements reflect the Company’s current views and intentions with respect
to future events, and current information available to them, and are subject to certain risks, uncertainties and
assumptions, including, without limitation: the potential of the Company’s mineral properties; the estimation of capital
requirements; the estimation of operating costs; the timing and amount of future business expenditures; and the
availability of necessary financing. Many factors could cause the actual results, performance or achievements that may
be expressed or implied by such forward- looking information to vary from those described herein should one or more
of these risks or uncertainties materialize. Such factors include but are not limited to: changes in economic conditions
or financial markets; increases in costs; litigation; legislative, environmental and other judicial, regulatory, political
and competitive developments; and exploration or operational difficulties. This list is not exhaustive of the factors that
may affect forward-looking information. These and other factors should be considered carefully, and readers should
not place undue reliance on such forward-looking information. Should any factor affect the Company in an unexpected
manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events
may differ materially from the results or events predicted. Any such forward- looking information is expressly qualified
in its entirety by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or
completeness of such forward-looking information. The forward-looking information included in this press release is
made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any
forward-looking information, other than as required by applicable law.