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Western Atlas Resources - Update on Closing of C$4 million Private Placement and the 4:1 Share Consolidation
Western Atlas Resources - Update on Closing of C$4 million Private Placement and the 4:1 Share Co...
About this update from Seasif Exploration Inc.
[{"type":"text","content":"\n \n \n \n Western Atlas Resources - Update on Closing of C$4 million Private Placement and the 4:1 Share Consolidation\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Nov. 30, 2023\n \n \n /CNW/ - Western Atlas Resources Inc. (\"\n \n Western Atlas\n \n \" or \"\n \n WA\n \n \" or the \"\n \n Company\n \n \") (TSXV: WA), is pleased to announce that the previously announced non-brokered private placement (the \"\n \n Private Placement\n \n \") for gross proceeds of\n \n C$4,000,000\n \n and 4:1 consolidation of the Company's common shares (the \"\n \n Consolidation\n \n \"), is expected to close before the end of December, 2023.\n \n \n \n \n \n \n \n \n \n For more details regarding the Private Placement and the Consolidation please refer to the press release issued by the Company on\n \n November 8, 2023\n \n .\n \n \n \n About Western Atlas\n \n \n \n The Company is publicly listed on the TSX Venture Exchange under the symbol WA. Western Atlas is focused on the acquisition and development of scalable precious metals projects in premier mining jurisdictions. Western Atlas's wholly-owned subsidiary, 5530 Nunavut Inc., which was incorporated under the laws of\n \n Nunavut\n \n , and registered under the\n \n Business Corporations Act\n \n (\n \n Northwest Territories\n \n ) on\n \n November 24, 2016\n \n , holds its interest in the Meadowbank project located in\n \n Nunavut, Canada\n \n .\n \n \n \n Cautionary Statement Regarding Forward-Looking Information\n \n \n \n This news release includes certain \"forward-looking statements\" under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statemen...