West Mining to Settle Outstanding Debt With Shares
West Mining Corp. (CSE:WEST)(OTC:WESMF) has announced a debt settlement agreement with a creditor. The company will issue 115,385 common shares at a deemed price of $0.26 per share to settle $30,000 in outstanding debt. The issued shares will be subject to a four-month hold period.
West Mining's flagship project is the 100% owned, 9000-hectare Kena Project near Nelson, British Columbia. A 2021 NI43-101 resource estimate for Kena reported 561,900 oz Au indicated and 2,773,100 oz Au inferred in the Gold Mountain, Kena Gold, and Daylight Zones. The company also owns the Spanish Mountain and Junker properties.
West Mining Corp. (CSE:WEST)(OTC:WESMF) ha annunciato un accordo di saldo del debito con un creditore. La società emetterà 115.385 azioni ordinarie a un prezzo presunto di $0,26 per azione per saldare un debito scaduto di $30.000. Le azioni emesse saranno soggette a un periodo di blocco di quattro mesi.
Il progetto di punta di West Mining è il Progetto Kena, di 9000 ettari, di proprietà al 100% vicino a Nelson, nella Columbia Britannica. Una stima delle risorse NI43-101 del 2021 per Kena ha riportato 561.900 once d'oro indicate e 2.773.100 once d'oro inferite nelle zone Gold Mountain, Kena Gold e Daylight. La società possiede anche i beni Spanish Mountain e Junker.
West Mining Corp. (CSE:WEST)(OTC:WESMF) ha anunciado un acuerdo de liquidación de deuda con un acreedor. La empresa emitirá 115,385 acciones comunes a un precio considerado de $0.26 por acción para liquidar una deuda pendiente de $30,000. Las acciones emitidas estarán sujetas a un período de retención de cuatro meses.
El proyecto insignia de West Mining es el Proyecto Kena, de 9000 hectáreas, totalmente propietario cerca de Nelson, Columbia Británica. Una estimación de recursos NI43-101 de 2021 para Kena reportó 561,900 onzas de Au indicadas y 2,773,100 onzas de Au inferidas en las zonas Gold Mountain, Kena Gold y Daylight. La empresa también posee las propiedades Spanish Mountain y Junker.
West Mining Corp. (CSE:WEST)(OTC:WESMF)는 채권자와의 채무 합의 계약을 발표했습니다. 이 회사는 115,385주의 보통주를 주당 $0.26의 가격으로 발행하여 $30,000의 미지급 채무를 해결할 것입니다. 발행된 주식은 4개월의 보유 기간에 따라 제한됩니다.
West Mining의 주요 프로젝트는 브리티시컬럼비아주 넬슨 근처에 있는 9000헥타르의 Kena 프로젝트로 100% 소유입니다. 2021년 NI43-101 자원 추정에 따르면 Kena에서 561,900온스의 금이 표시되었고 2,773,100온스의 금이 추정되었습니다는 Gold Mountain, Kena Gold 및 Daylight 구역에서 보고되었습니다. 이 회사는 또한 Spanish Mountain 및 Junker 자산을 보유하고 있습니다.
West Mining Corp. (CSE:WEST)(OTC:WESMF) a annoncé un accord de règlement de dettes avec un créancier. La société émettra 115.385 actions ordinaires à un prix présumé de 0,26 $ par action pour régler une dette de 30 000 $. Les actions émises seront soumises à une période de blocage de quatre mois.
Le projet phare de West Mining est le Projets Kena, de 9000 hectares, détenu à 100% près de Nelson, en Colombie-Britannique. Une estimation des ressources NI43-101 pour Kena en 2021 a rapporté 561 900 onces d'or indiquées et 2 773 100 onces d'or inférées dans les zones Gold Mountain, Kena Gold et Daylight. La société possède également les propriétés de Spanish Mountain et Junker.
Die West Mining Corp. (CSE:WEST)(OTC:WESMF) hat eine Schuldenvergleichsvereinbarung mit einem Gläubiger angekündigt. Das Unternehmen wird 115.385 Stammaktien zu einem angenommenen Preis von $0,26 pro Aktie ausgeben, um eine ausstehende Schuld von $30.000 zu begleichen. Die ausgegebenen Aktien unterliegen einer Sperrfrist von vier Monaten.
Das Hauptprojekt von West Mining ist das 100% im Eigenbesitz befindliche Kena-Projekt, das sich über 9000 Hektar erstreckt und sich in der Nähe von Nelson in British Columbia befindet. Eine NI43-101-Ressourcenschätzung für Kena aus dem Jahr 2021 berichtete von 561.900 oz Au angezeigten und 2.773.100 oz Au abgeleiteten in den Zonen Gold Mountain, Kena Gold und Daylight. Das Unternehmen besitzt auch die Grundstücke Spanish Mountain und Junker.
- Settling $30,000 of outstanding debt through share issuance
- Ownership of 100% of the 9000-hectare Kena Project
- 2021 NI43-101 resource estimate showing significant gold resources at Kena Project
- Potential dilution of existing shareholders due to new share issuance
VANCOUVER, BC / ACCESSWIRE / July 29, 2024 / West Mining Corp. ("West" or the "Company") (CSE:WEST)(OTC:WESMF)(FRA:1HL) is pleased to announce that it will enter into debt settlement agreement with a creditor of the Company, pursuant to which the Company will issue an aggregate of 115,385 common shares of the Company ("Shares") to the creditor at a deemed price of
About West Mining Corp.
West Mining Corp. is a mineral exploration company acquiring and developing advanced and early-stage exploration projects. Its flagship project is its
For additional information, please refer to the Company's public disclosure record available on SEDAR+ at www.sedarplus.com.
Contact Information
Nader Vatanchi
CEO
nadervatanchi@hotmail.com
778-881-4631
SOURCE: West Mining Corp.
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