Westhaven Gold Secures $1.5-Million Investment Commitment from Rob McEwen-March 2024-www.financetom.com

Westhaven Gold Secures $1.5-Million Investment Commitment from Rob McEwen

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Westhaven Gold Secures $1.5-Million Investment Commitment from Rob McEwen

Sep 28, 2024 7:46 PM

08:21 AM EDT, 09/26/2024 (MT Newswires) -- Westhaven Gold ( WTHVF ) on Thursday said that Rob McEwen committed to investing $1.5 million in the company's $5 million offering.

The offering comprises 10 million units priced at $0.15 apiece, flow-through shares priced at $0.175 each and charity flow-through shares priced at $0.22 each.

McEwen will make the investment through his private holding company Evanachan. McEwen is the founder and former chairman of Goldcorp, and is currently the executive hairman and largest shareholder of McEwen Mining ( MUX ) .

Westhaven plans to use the proceeds from the offering for working capital and general corporate purposes.

The offering is scheduled to close on or around Oct. 15.

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