SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (295)1/25/2013 2:15:38 AM
From: Goose94Read Replies (1) | Respond to of 202932
 
West Kirkland (WKM-V) increases placement to $5.6-million from $5 million

Jan 24, 2013 - News Release

West Kirkland Mining Inc. has agreed with Cormark Securities Inc. and PI Financial Corp. to increase the size of the offering of units for sale, as announced on Jan. 18, 2013, on a best-efforts agency basis, by 2.4 million units ($600,000), up to 22.4 million units of the company at a price of 25 cents per unit for gross proceeds of up to $5.6-million. Each unit will consist of one common share in the capital of the company and one share purchase warrant. Each warrant will entitle the holder to acquire one common share at a price of 40 cents for a period of one year following the closing date.

The company will pay the agents a cash commission equal to 7 per cent of the gross proceeds of the offering. Closing of the offering is anticipated to occur, as previously announced, on or before Feb. 7, 2013, and is subject to receipt of applicable regulatory approvals, including approval of the TSX Venture Exchange.

The net proceeds of the offering will be used for exploration activities on the company's properties and for general corporate purposes.

We seek Safe Harbor.