Westhaven Gold Corp. Raises $3.16 Million Through Non-Brokered Private Placement with Eric Sprott and Earthlabs

Reuters
2025/07/04
<a href="https://laohu8.com/S/WHNWF">Westhaven Gold Corp.</a> Raises $3.16 Million Through Non-Brokered Private Placement with Eric Sprott and Earthlabs

Westhaven Gold Corp. has successfully closed a non-brokered private placement, raising gross proceeds of $3.16 million. The offering involved the sale of 8,333,333 units at $0.12 per unit and 12,500,000 flow-through units on a charitable basis at $0.1728 per unit. Proceeds will support exploration work within the Spences Bridge Gold Belt in British Columbia, including an expanded drilling program at the Shovelnose gold project. Each unit includes one common share and a half warrant, allowing holders to purchase an additional share for $0.18 by July 3, 2027. A finder's fee was paid to Red Cloud Securities Inc. Eric Sprott and Earthlabs Inc. participated in the offering. The funds raised through flow-through units will be used for Canadian exploration expenses, qualifying as flow-through mining expenditures under Canadian law.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westhaven Gold Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9489272-en) on July 03, 2025, and is solely responsible for the information contained therein.

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