West Mining Closes Private Placement

VANCOUVER, BC / ACCESSWIRE / July 22, 2024 / West Mining Corp. ("West" or the "Company") (CSE:WEST)(OTC PINK:WESMF)(FRA:1HL) announced the closure of its previously declared non-brokered private placement, raising $549,510 in gross proceeds. This was achieved through the issuance of 1,831,700 units at $0.30 per unit. The Financing adhered to the listed issuer financing exemption under Part 5A of NI 45-106. Documents related to the Financing are accessible under the Company's profile on www.sedarplus.ca and on the Company’s website.

The funds raised will be allocated toward the exploration of the Spanish Mountain and Junker properties, marketing, and general working capital. Each unit comprises one common share and one transferable share purchase warrant. Each warrant allows the holder to buy one common share at $0.40 until July 22, 2026, with conditions for accelerated expiry if certain market conditions are met.

In connection with the Financing, the Company paid finder’s fees of $53,001 and issued 176,670 finder’s warrants, each exercisable for one common share at $0.30 until July 22, 2026. These finder's warrants are subject to a four-month hold period, expiring November 23, 2024, in compliance with Canadian securities laws.