Business
Wescan closes flow-thru placement
Wescan closes flow-thru placement.
About this update from Wescan Goldfields Inc.
[{"type":"text","content":"\n\n\n\n\nStock Symbol: WGF: TSX-VEN\n\nSASKATOON, Dec. 19 /CNW/ - George Sanders, President of Wescan Goldfields\nInc. (\"Wescan\") reports the closing of a non-brokered private placement of\n694,444 flow-through shares at a price of $0.72 per flow-through share for\ngross proceeds of $500,000. The securities will be subject to a four month\nhold period expiring April 17, 2006, in accordance with applicable securities\nlaws.\nA cash finders' fee of 4% of the gross proceeds, totalling $20,000, is\npayable.\nWescan is a Canadian based corporation engaged in the acquisition,\nexploration and development of mineral properties. Shares of the Company\ntrade on the TSX Venture Exchange under the symbol \"WGF\".\n\n \"The TSX Venture Exchange has not reviewed and does not accept\n responsibility for the adequacy or accuracy of this release.\"\n\n\n","length":905,"tagName":"div"}]