WestKam Gold Corp. , announces that it proposes a debt conversion to settle an aggregate of $759,193 owing to consultants, lenders and other creditors, including some insiders. The debt conversion will result in the issuance of 7,591,930 common shares at a deemed price of $0.10/share. The settled debt will include the issuance of 2,746,840 shares to a private company owned by Matt Wayrynen, the CEO, President and a [...]
WestKam Gold Corp. , a junior mining exploration company, announces that it is proceeding with its proposed consolidation of its common shares on the basis of thirty-five pre-consolidation common shares for one post-consolidation common share. The Consolidation was previously approved by shareholders at a meeting held on October 31, 2019 and has been approved by the TSX Venture Exchange . The Board of Directors of the [...]
WestKam Gold Corp. announces that Mr. Peter K. Jensen, LL.B., BCL, B.Sc. has been appointed to its Board of Directors following the resignation of Mr. Akash Patel. “The Company would like to thank Mr. Patel for his many years of service and contributions as a Director,” said Matt Wayrynen, President and CEO of WestKam. New director Peter Jensen, who holds two law degrees from McGill University, brings a long [...]
WestKam Gold Corp. announces that the Company and certain insiders and consultants of the Company have agreed to cancel an aggregate of 3,050,000 stock options held by optionees. In addition to the cancelled options, 21,200,000 stock options have expired. Under the Company’s rolling 10% stock option plan , the Company may grant up to an aggregate 25,904,469 stock options, the Company will have no stock options [...]
WestKam Gold Corp. has received assay results from an eight-hole drill program completed on September 29, 2018 at its Bonaparte property located near Kamloops, BC. The 591.32-meter drill program was designed to evaluate the potential for extending to depth known, near-surface high grade gold mineralization exposed along the Crow-Grey Jay-Owl vein structure where a 3,700-tonne surface bulk sample in 1994 recovered 98 [...]
WestKam Gold Corp. has provided the following shareholder update from President and CEO Matt Wayrynen regarding the Company’s direction and vision for the future—particularly regarding WestKam’s Bonaparte property near Kamloops, BC. WestKam’s Vision and Focus: Realizing the Exceptional Potential at Bonaparte The Bonaparte gold property remains an exceptional gold prospect, and we have renewed our [...]
WestKam Gold Corp. reports that it has completed a drill program on its Bonaparte Property located near Kamloops, BC. The drill program consisted of eight drill holes totaling 591.32m and focused on the Crow Vein structure. Assay results are pending and will provide key data that will assist in developing plans for future work programs on the property. Technical information in this news release has been reviewed by R [...]
WestKam Gold Corp. is pleased to report that it has commenced a drill program on its Bonaparte Property located near Kamloops, BC. The program is focused on further evaluation of the Crow Vein structure. This program brackets the location of the proposed underground stope and ventilation raise. The program consists of up to 12 drill holes totaling up to 1000 m just east of the open pit where a previous bulk sample was [...]
VANCOUVER, British Columbia, Feb. 06, 2018 -- WestKam Gold Corp. today announced that, pursuant to the Company’s Stock Option Plan, it has granted a total of 22,400,000 incentive stock options to directors, officers and consultants of the Company. The options are exercisable at a price of $0.05 per option share until February 6, 2023. About WestKam Gold Corp. WestKam is a Canadian gold exploration company focused on [...]
VANCOUVER, British Columbia, Jan. 26, 2018 -- WestKam Gold Corp. today provided an update for its shareholders on its activities in Q4 2017 and early 2018. The Company’s work has focused primarily on advancing the Bonaparte Gold Project near Kamloops, BC. Following closure of a $912,000 private placement in December , crews returned to the Bonaparte Project to resume advancing the decline towards the Grey Jay/Crow [...]
VANCOUVER, British Columbia, Dec. 13, 2017 -- WestKam Gold Corp. is pleased to announce that is has closed its private placement announced on September 22, 2016. The Company raised $912,000 through the issuance 31,750,000 flow-through units and 13,850,000 non-flow-through units. All securities issued pursuant to this private placement are subject to a hold period that expires April 14, 2018, in compliance with Canadian [...]
VANCOUVER, British Columbia, Dec. 08, 2017 -- WestKam Gold Corp. today announced results from the Company’s Annual General Meeting held November 30, 2017. All matters put forth in the management information circular of the Company dated October 25, 2017 were passed, including election of incumbent directors Mr. Dana Dziurzynski and Mr. Akash Patel. A new director, Mr. Corey Klassen, was also elected. Mr. Lincoln [...]
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