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To: Goose94 who wrote (4759)	2/5/2014 12:23:48 PM
From: Goose94	Read Replies (1) \| Respond to of 203329

WKM-V on the move.

To: Goose94 who wrote (4759)	4/18/2014 8:17:48 AM
From: Goose94	Read Replies (1) \| Respond to of 203329

West Kirkland Mining (WKM-V) April 17, '14 has closed the fully marketed prospectus offering of units of the company, as well as the first tranche of the non-brokered private placement offering of units under substantially similar terms as the prospectus offering. Pursuant to the offerings, the company issued 194,907,833 units at a price of 15 cents per unit for aggregate gross proceeds of $29,236,175, including the partial exercise of the overallotment option. Each unit in the offerings consists of one common share of the company and one common share purchase warrant, with each warrant exercisable for one common share at a price of 30 cents at any time prior to 5 p.m. on April 17, 2019.The company intends to use the net proceeds of the offerings to finance the acquisition payment of $19.5-million (U.S.) to Allied Nevada Gold Corp. in connection with the acquisition of a 75-per-cent interest in the Hasbrouck gold project on or before April 24, 2014, and for general corporate purposes. R. Michael Jones, president, chief executive officer and co-founder of West Kirkland, said, "We are very pleased to see such solid support from our institutional investors in a tough market climate." Under the prospectus offering, the company issued 162,615,167 units for gross proceeds of $24,392,275. A commission of 6 per cent of the gross proceeds was paid in cash to a syndicate of agents in Canada, co-led by Cormark Securities Inc. and PI Financial Corp., and including GMP Securities LP and Macquarie Capital Markets Canada Ltd. In relation to the prospectus offering, the company has granted the agents an option to purchase up to an additional 15 per cent of the units sold under the prospectus offering, at any time until 30 days following and including today's date, to cover overallotments and for market stabilization purposes. The agents have exercised the overallotment, in part, to purchase 12,615,167 units for gross proceeds of $1,892,275. Under the first tranche of the non-brokered offering, the company issued 32,292,666 units for gross proceeds of $4,843,890. The company paid fees to certain finders, including Sprott Private Wealth LP, representing 6 per cent of the gross proceeds of the non-brokered offering. All securities issued in the first tranche of the non-brokered offering are subject to a statutory hold period which expires on Aug. 18, 2014. The units in the prospectus offering were issued by way of short-form prospectus filed in all provinces of Canada, except Quebec, and on a private-placement basis in the United States, pursuant to Rule 144A and Regulation D, as well as in other offshore jurisdictions. The non-brokered offering was offered to accredited investors in all provinces of Canada, except Quebec.