Westward Gold Announces Upsizing of Crescat-Led Non-Brokered Private Placement Financing to C$3.6M
Portfolio Pulse from
Westward Gold has increased its non-brokered private placement financing to C$3.6 million, with strategic investor Crescat Capital LLC subscribing for up to 18,750,000 units at C$0.08 per unit. The proceeds will primarily fund drilling at the Toiyabe Hills Property in Nevada and support general working capital needs.
March 26, 2025 | 9:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The upsized private placement provides crucial funding for Westward Gold's planned 5,000-meter drilling program at the Toiyabe Hills Property, potentially advancing the company's exploration efforts.
The increased financing demonstrates investor interest, provides necessary capital for exploration, and could positively impact the stock price due to potential project advancement.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100