WestKam Gold Corp. Increases Non-Brokered Private Placement to up to $500,000

About this update from Big Bear Gold Corp.

[{"type":"text","content":"WestKam Gold Corp. Increases Non-Brokered Private Placement to up to $500,000\nVancouver, BC, Canada, Jan. 26, 2026 (GLOBE NEWSWIRE) -- WestKam Gold Corp. (TSXV:WKG) (the “Company” or “WestKam”) announces that further to its news release of January 23, 2026, it has received overwhelming interest above the previously announced non-brokered private placement offering of up to $300,000.  Accordingly, the Company is increasing this offering such that it now proposes to sell up to 7,142,857 units (the “Units”) at a price of $0.07 per Unit to raise total gross proceeds of up to $500,000 (the “Offering”).  Each Unit will consist of one common share of the Company and one common share purchase warrant.  Each warrant will be exercisable for one common share at a price of $0.10 for a period of three years. The proceeds received from the sale of the Units will be used to pay outstanding trade payables, legal fees, audit fees, transfer agent fees and for general working capital.  The Units are being offered to qualified purchasers in reliance upon exemptions from prospectus and registration requirements of applicable securities legislation.  The Company may pay a finder’s fee to eligible finders as permitted under applicable securities laws and TSX Venture Exchange (“TSXV”) policies.  All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance.  Completion of the Offering and the payment of any finders’ fees in relation thereto remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSXV. About WestKam WestKam Gold Corp. is focused on acquiring and developing mineral properties, with strong potential to host significant resources, in Western Canada. We are looking for additional projects that are in an established mining district with highly prospective geology that could host significant resources. ON BEHALF OF THE BOARD OF DIRECTORS“Peter Laipnieks”Peter Laipnieks, President & CEO Contacts:WestKam Gold Corp.Suite 900, 570 Granville StreetVancouver, BC  V6C 3P1 Investor Relations: (250) 216.5671Email:  [email protected] westkamgoldcorp.com   Neither TSX...

More updates from Big Bear Gold Corp.