Western Gold Exploration Ltd.

Western Gold Exploration Ltd. announces the grant of incentive stock options to acquire a total of 1,775,000 common shares of the Company at an exercise price of $0.50 per share, such options to vest as to one-half immediately and the remaining one-half on December 8, 2021. The options expire five years from the date of grant. Options to acquire 1,500,000 Common Shares were granted to directors and officers of the Company [...]

Western Gold Exploration Ltd. is pleased to announce that it intends to complete a non-brokered private placement of up to 3,250,000 equity units of the Company at a price of CAD$0.40 per Unit for gross proceeds of up to CAD$1,300,000. The Company has the option to increase the size of the Private Placement by up to an additional 500,000 Units, for total gross proceeds of up to CAD$1,500,000. Each Unit will be comprised [...]

Western Gold Exploration Ltd. is pleased to provide an exploration update for drill targeting at its Stronchullin and Gossan Burn prospects, which are sub-properties located within the 3,253 hectare Knapdale Property, located in the Knapdale District of Argyll, Scotland , which the Company holds mineral mining rights and surface access rights in. Highlights: Deep overburden geochemical sampling has delineated four new [...]

Western Gold Exploration Ltd. is pleased to announce that it has completed its previously announced "Qualifying Transaction", with the result that the Company is now a Tier 2 mining issuer under the policies of the TSX Venture Exchange and engaged in the exploration and development of its prospective mineral properties located in Argyll County in western Scotland, with a focus on gold and copper exploration and [...]

Cassowary Capital is pleased to announce that the shareholders of the Company approved all resolutions at the annual and special meeting of Shareholders held on October 20, 2020, including all resolutions in respect of its proposed qualifying transaction involving Western Gold Exploration, with the result that the Company will become a Tier 2 mining issuer on the TSX-V, and related consolidation and name change. Now that [...]

Cassowary Capital Corporation Ltd. is pleased to announce that the TSX Venture Exchange has granted conditional acceptance of the Company's proposed "Qualifying Transaction" pursuant to the policies of the Exchange, wherein it proposes to acquire Western Gold Exploration Limited. WGE holds minerals interests in Argyll County in western Scotland, which mineral interests include the Knapdale property and Lagalochan [...]

Cassowary Capital Corporation Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement offering of subscription receipts of the Company , representing an aggregate of 11,333,333 Subscription Receipts for gross proceeds of CAD$1.7 million. Each Subscription Receipt has been issued at a price of CAD$0.15. The Private Placement is being completed in conjunction with the [...]

Cassowary Capital announces that in connection with its previously announced "Qualifying Transaction", wherein it proposes to acquire Western Gold Exploration Limited, a private company formed under the laws of England and Wales, that holds minerals interests in Argyll County in western Scotland, and which mineral interests include the Knapdale property and Lagalochan properties, it continues to work diligently to advance [...]

Cassowary Capital is pleased to announce that it has entered into a binding definitive share exchange agreement dated effective July 14, 2020 with Western Gold Exploration Limited and the holders of a majority of the outstanding shares of WGE, to provide for the completion of a business combination with the Company, as more particularly described below. The Transaction was initially announced in a Company press release [...]

Cassowary Capital announces a proposed non-brokered private placement of a minimum of 5,200,000 subscription receipts and a maximum of 6,666,667 subscription receipts of the Company at a price of CAD$0.15 per Subscription Receipt for minimum gross proceeds of CAD$780,000 and maximum gross proceeds of CAD$1,000,000. The Private Placement is being completed in conjunction with the previously announced proposed "Qualifying [...]