09:37 AM EST - West Mining Corp. : Announced that it has acquired 17 mineral claims, totalling 856 hectares, contiguous to the Company’s flagship “Kena” Gold and Copper Project located in Nelson Mining District in southeastern British Columbia. The claims include the historic Athabasca Mine, a portion of the historic California Mine and the Princess Reverted Crown Grant. The Company acquired the mineral claims pursuant to a claims purchase agreement with 802213 Alberta Ltd. dated March 22, 2021. Under the agreement, West paid $27,087 and issued 85,000 West common shares having an aggregate value of $85,000, representing an issue price of $1.00 per share. The shares are subject to a four month hold period in accordance with applicable securities laws. Nicholas Houghton, President and CEO of West states: “We are truly excited to get on the ground and evaluate these new claims with the goal of extending our flagship Kena Property’s gold mineralization further to the north. When opportunities arise such as this with the accompanying knowledge of historical production it can only be beneficial for the Company and our shareholders as we continue to build our gold and copper portfolio.” West Mining Corp.
shares C.WEST are trading down 2 cents at $1.00.
