WestGold Metals Corp. Closes Private Placement to Fund Exploration Strategy
Vancouver, British Columbia — June 15, 2026 — Leads & Copy — WestGold Metals Corp. announced Tuesday it has successfully closed a non-brokered private placement, raising funds intended to advance its exploration and acquisition strategy, particularly for its Idaho Portfolio. The offering resulted in the issuance of 25,000,000 units at C$0.08 per unit, with each unit containing one common share and one common share purchase warrant. These warrants allow holders to purchase an additional common share at C$0.135 for 36 months. The company also reported paying finder’s fees totaling $253,176.00 and issuing 1,764,000 finder warrants, which entitle holders to acquire a common share at $0.08 for 36 months. The net proceeds from the offering are earmarked for advancing exploration and acquisition plans, including planned work programs on the Idaho Portfolio. James Hocking, Chief Executive Officer and Director of WestGold, highlighted the financing as a significant step in advancing the company’s strategy in Idaho, expressing appreciation for investor support and noting the strengthening of the company’s balance sheet. He emphasized a focus on disciplined execution to prepare for a future drilling program at Amie, the company’s flagship asset, and to build value across the Idaho Portfolio. All securities issued in the offering are subject to a statutory hold period of four months plus one day, in line with Canadian securities legislation. The securities have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons without registration or an applicable exemption. This press release does not constitute an offer to sell or a solicitation of an offer to buy securities. WestGold Metals Corp. is a Canadian mineral exploration company focused on identifying, acquiring, and advancing precious metal opportunities in established North American mining districts. The company aims to build a portfolio of high-quality assets in stable, mining-friendly jurisdictions, guided by an experienced management team with expertise in capital markets, commercial development, and exploration. WestGold’s common shares are listed on the Canadian Securities Exchange (CSE: WGM), quoted on the OTCQB (OTCQB: WGMTF), and traded on the Frankfurt Stock Exchange (FSE: V0U). Further information is available through public filings at www.sedarplus.ca. Source: WestGold Metals Corp.
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