Source: Eastfield Resources Ltd.
  • West Oak Gold has successfully completed its initial public offering of 4,025,000 common shares
  • The company realized gross proceeds of $402,500
  • West Oak Gold Corp. is a gold exploration company exploring its principal property, the Hedge Hog Project located in British Columbia.
  • West Oak’s common shares will begin trading on the CSE on August 16 under the trading symbol WO

West Oak Gold (WO) has successfully completed its initial public offering of 4,025,000 common shares for gross proceeds of $402,500.

Its Agent, Research Capital Corporation and members of its selling group received a cash commission equal to 10 per cent of the gross proceeds of the offering and warrants to purchase up to 402,500 shares at a price of $0.10 for up to 36 months from the day West Oak’s shares are listed on the Canadian Securities Exchange. The Agent was also paid a corporate finance fee.

West Oak is a Canadian gold exploration company exploring the Hedge Hog Gold Project located 15km north of the town of Wells in the Caribou Mining Division of central British Columbia.

West Oak’s common shares will commence trading on the Canadian Securities Exchange on August 16, 2021 under the trading symbol WO.

More From The Market Online

Alamos and Argonaut merge to create one of Canada’s largest gold mines

Alamos Gold (TSX:AGI) announces it will acquire all of the issued and outstanding shares of Argonaut Gold (TSX:AR) in a friendly takeover.

Forum Energy initiates mobilization for drill program in Nunavut

Forum Energy Metals (TSXV:FMC) begins mobilization of its camp, fuel, equipment and second drill to its Aberdeen Uranium Project location.