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Westward Gold closes C$ 8.28 million non-brokered private placement financing

PUBT·10/07/2026 21:01:35
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Westward Gold closes C$ 8.28 million non-brokered private placement financing
  • Westward Gold closed a non-brokered private placement, issuing 33,128,000 units at C$ 0.25 for gross proceeds of C$ 8.28 million.
  • Each unit includes one common share, plus one-half warrant exercisable at C$ 0.40 for 24 months.
  • Crescat Capital invested C$ 1.8 million for 7,200,000 units, lifting post-deal ownership to 12.6% basic, 21.5% partially diluted.
  • Concept Capital invested C$ 1 million for 4,000,000 units, taking post-deal ownership to 9.6% basic, 17.0% partially diluted.
  • Proceeds earmarked for drilling at the Toiyabe Hills property in Nevada, expanded permitting bonds, plus working capital.


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. Westward Gold Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202610071701TNWSWRCACNPR_____1k49F1EwO) on October 07, 2026, and is solely responsible for the information contained therein.