07:35:42 EST Tue 27 Jan 2026
Enter Symbol
or Name
USA
CA



West Point Gold Corp
Symbol WPG
Shares Issued 109,156,548
Close 2026-01-26 C$ 1.48
Market Cap C$ 161,551,691
Recent Sedar+ Documents

West Point Gold increases financing to $25-million

2026-01-26 20:41 ET - News Release

Mr. Aaron Paterson reports

WEST POINT GOLD ANNOUNCES UPSIZE OF BROKERED PRIVATE PLACEMENT FOR UP TO $25 MILLION

West Point Gold Corp. has increased the size of its previously announced commercially reasonable efforts private placement from aggregate gross proceeds of up to $20,000,090 to up to $25,000,030, including up to 22,727,300 common shares at an issue price of $1.10 per share, with SCP Resource Finance LP acting as lead agent for the company, on behalf of a syndicate of agents.

The company intends to use the net proceeds of the offering for exploration at the Gold Chain project in Arizona and for general corporate and working capital purposes.

As consideration for its services, the agents will receive a cash commission of 5 per cent of the gross proceeds of the offering, provided that shares sold to purchasers on the company president's list will be subject to a reduced cash commission of 2 per cent. The agents may elect to receive up to 50 per cent of their cash commission in shares at the issue price. In addition, the agents will receive broker warrants in an amount equal to 5 per cent of shares sold, provided that no broker warrants will be issued for any shares sold to purchasers on the president's list. Each broker warrant issued will be exercisable to purchase one share at the issue price for a period of two years from the closing date of the offering.

The closing date of the offering is scheduled to be on or about Feb. 17, 2026, or such other date or dates as the company and the lead agent may agree. The offering remains subject to the approval of the TSX Venture Exchange and applicable securities regulatory authorities. Certain officers and directors of the company may participate in the offering. Any securities issued under the offering will be subject to a statutory hold period of four months and one day from the date of issuance.

About West Point Gold Corp.

West Point Gold is an exploration and development company focused on unlocking value across four strategically located projects along the prolific Walker Lane trend in Nevada and Arizona, providing shareholders with exposure to multiple discovery opportunities across one of North America's most productive gold regions. The company's near-term priority is advancing its flagship Gold Chain project in Arizona.

We seek Safe Harbor.

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