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West Mining Corp (2)
Symbol WEST
Shares Issued 17,818,715
Close 2024-10-21 C$ 0.205
Market Cap C$ 3,652,837
Recent Sedar Documents

West Mining issues shares to ESN for mineral claims

2024-10-21 17:34 ET - News Release

Mr. Nader Vatanchi reports

WEST MINING CORP. ISSUES SHARES UNDER OPTION AGREEMENT FOR MINERAL CLAIMS LOCATED IN NORTHERN BRITISH COLUMBIA

West Mining Corp. has issued an aggregate of 4.75 million West common shares at a deemed price of 19 cents per share pursuant to an option agreement dated as of Oct. 15, 2024, with ESN Investment Corp., under which West has the option to earn a 100-per-cent interest in two mineral claims located in Northern British Columbia which augment West's Spanish Mountain West and Junkers properties (see West's news release dated Oct. 15, 2024, for further details respecting the option agreement and the optioned mineral claims).

West has also issued an aggregate of 126,315 shares at a deemed price of 19 cents per share to settle $24,000 in debt owed to a creditor (see West's news release dated Oct. 15, 2024, for further details).

The shares issued under the option agreement and pursuant to the debt settlement transaction are subject to a four-month hold period expiring Feb. 22, 2025, in accordance with the applicable securities laws.

About West Mining Corp.

West Mining is a mineral exploration company acquiring and developing advanced and early-stage exploration projects. Its flagship project is its 100-per-cent-owned, 9,000-hectare prospective Kena project located near Nelson, B.C.

We seek Safe Harbor.

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