WestKam Gold Corp. reports that Mr. Peter Laipnieks has been appointed Chief Executive Officer and President following the resignation of Mr. Matt Wayrynen. Mr. Laipnieks, a current director of the Company, has 35 years of related experience as an officer and manager of several companies, including President of Spirit Exploration, an Ecuador-based gold exploration company. Mr. Laipnieks has also served as an Executive [...]
WestKam Gold Corp. reports that an Area Restriction Order has been issued by the BC Wildfire Service for the Spark Lake Wildfire Area, effective July 26, 2021, which encompasses the Bonaparte Claim Group. The Area Restriction Order is in place to protect the public in areas where there are continued fire suppression activities. Matt Wayrynen, President and CEO of WestKam Gold Corp., states, "WestKam is disappointed that [...]
WestKam Gold Corp. is pleased to report it has started a 2021 exploration program on its 100% owned Bonaparte Property near Kamloops, B.C. Teranis Consulting Ltd. is presently completing water monitoring at the site to ensure environmental compliance. The Company is working closely with Coast Mountain Geological Ltd. to finalize plans on the 2021 season's drill campaign and engage a drilling contractor, while in [...]
WestKam Gold Corp. is pleased to announce that Mr. Allen Schwabe has been appointed to the Board of Directors of the Company as an independent director. Mr. Schwabe is a licensed realtor and former President of Buellex Holdings, a privately held corporation, for 35 years. Mr. Schwabe has also served as a President, officer and/or director for several publicly traded junior mining and tech companies, with emphasis on [...]
WestKam Gold Corp. , announces that it has completed the closing of its non-brokered $0.12/unit private placement previously announced on September 28, 2020, and has issued 8,125,331 units for gross proceeds of $975,039.72. In connection with this private placement, the Company paid a total of $7,912.80 and issued a total of 65,940 warrants as finder’s fees. Each finder’s warrant is exercisable for one common share at a [...]
WestKam Gold Corp. , announces that it intends to raise up to $1,000,000 by way of non-brokered private placement of up to 8,333,333 units at a price of $0.12/unit. Each unit consists of one common share and one transferable common share purchase warrant exercisable at $0.20 per warrant share for a period of five years following the close of the offering. The Company may pay a finder’s fee of cash, shares and/or warrants [...]
WestKam Gold Corp. , is pleased to announce that it has retained Integral Wealth Securities Limited to provide market making services in accordance with TSX Venture Exchange Policies. Integral will trade the securities of WestKam on the TSX-V for the purposes of maintaining an orderly market and improving the liquidity in the Company’s shares. In consideration of the services provided by Integral, the Company will pay [...]
WestKam Gold Corp. , announces that it has completed its previously-announced debt settlement transaction pursuant to which it has issued 7,208,560 common shares at a deemed price of $0.10/unit to settle $720,856 of debt. Insiders of the Company was issued a total of 2,396,840 common shares under the debt settlement, which is considered a related party transaction as defined in Multilateral Instrument 61-101 – Protection [...]
WestKam Gold Corp. announces that it intends to raise up to $250,000 by way of non-brokered private placement of up to 2,500,000 units at a price of $0.10/unit. Each unit consists of one common share and one common share purchase warrant exercisable at $0.20 per warrant share for a period of three years following the close of the offering. The Company may pay a finder’s fee of cash, shares and/or warrants to [...]
WestKam Gold Corp. , announces that it proposes a debt conversion to settle an aggregate of $759,193 owing to consultants, lenders and other creditors, including some insiders. The debt conversion will result in the issuance of 7,591,930 common shares at a deemed price of $0.10/share. The settled debt will include the issuance of 2,746,840 shares to a private company owned by Matt Wayrynen, the CEO, President and a [...]
WestKam Gold Corp. , a junior mining exploration company, announces that it is proceeding with its proposed consolidation of its common shares on the basis of thirty-five pre-consolidation common shares for one post-consolidation common share. The Consolidation was previously approved by shareholders at a meeting held on October 31, 2019 and has been approved by the TSX Venture Exchange . The Board of Directors of the [...]
WestKam Gold Corp. announces that Mr. Peter K. Jensen, LL.B., BCL, B.Sc. has been appointed to its Board of Directors following the resignation of Mr. Akash Patel. “The Company would like to thank Mr. Patel for his many years of service and contributions as a Director,” said Matt Wayrynen, President and CEO of WestKam. New director Peter Jensen, who holds two law degrees from McGill University, brings a long [...]