West Kirkland Mining closes non-brokered private placement

1 minute read
10 December 2018

On December 10, 2018, West Kirkland Mining Inc. (TSXV: WKM) announced that it had closed its previously announced private placement of common shares for aggregate gross proceeds of $2 million. The private placement was completed with two of its major shareholders and six investors. 

West Kirkland Mining owns a 75% interest in, and a 1.1% net smelter return royalty over, the Hasbrouck Gold Project in Tonopah, Nevada. The company intends to use the net proceeds of the private placement to focus on permitting Phase 2 of the project and for general working capital. 

Gowling WLG advised West Kirkland Mining in this transaction with a team that included Daniel Allen, Brett Kagetsu and Raymond Ong.

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