West Kirkland Mining Inc. Announces an Increased Size of the Previously Announced Best Efforts Offering of Units Based on Demand

Thu Jan 24, 2013 5:14pm EST

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Marketwire

West Kirkland Mining Inc.

January 24, 2013 - 05:13:59 PM

West Kirkland Mining Inc. Announces an Increased Size of the Previously
Announced Best Efforts Offering of Units Based on Demand

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2013) -   

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

West Kirkland Mining Inc. (TSX VENTURE:WKM) (the "Company") announces that the
Company has agreed with Cormark Securities Inc. and PI Financial Corp. (the
"Agents") to increase the size of the offering of Units for sale, announced on
January 18, 2013 (the "Offering"), on a best efforts agency basis, by
2,400,000 Units ($ 600,000) up to 22,400,000 units (the "Units") of the
Company at a price of $0.25 per Unit (the "Offering Price") for gross proceeds
of up to $5.60 million. Each Unit will consist of one common share in the
capital of the Company (a "Common Share") and one share purchase warrant (a
"Warrant"). Each Warrant will entitle the holder to acquire one Common Share
at a price of $0.40 for a period of one year following the closing date. 

The Company will pay the Agents a cash commission equal to 7.0% of the gross
proceeds of the offering. Closing of the offering is anticipated to occur, as
previously announced on or before February 7, 2013 and is subject to receipt
of applicable regulatory approvals including approval of the TSX Venture
Exchange. 

The net proceeds of the Offering will be used for exploration activities on
the Company's properties and for general corporate purposes.

The securities described herein have not been registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in the
United States unless registered under the Act or unless an exemption from
registration is available. The securities in the Offering will be sold on a
private placement basis and be subject to a four month re-sale restriction
from the date of closing.

About West Kirkland Mining 

West Kirkland Mining was formed in 2010 to focus on gold exploration along
major trends in North America. The Company has consolidated significant
mineral rights positions within the major gold trends of Nevada/Utah and in
the Kirkland Lake area of Ontario - two of North America's premier gold
jurisdictions. The founders and Board of West Kirkland Mining have successful
gold discovery, development and mine operations experience in both Ontario and
Nevada over the past 40 years.

For further information, please see the Company's website at www.wkmining.com.

Forward Looking Statements

Certain of the statements and information in this press release constitute
"forward-looking statements" or "forward-looking information" Any statements
or information that express or involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance (often, but not always, using
words or phrases such as "expects", "anticipates", "believes", "plans",
"estimates", "intends", "targets", "goals", "forecasts", "objectives",
"potential" or variations thereof or stating that certain actions, events or
results "may", "could", "would", "might" or "will" be taken, occur or be
achieved, or the negative of any of these terms and similar expressions) are
not statements of historical fact and may be forward-looking statements or
information.

Forward-looking statements or information are statements about the future and
are inherently uncertain, and actual achievements of the Company or other
future events or conditions may differ materially from those reflected in the
forward-looking statements or information due to a variety of risks,
uncertainties and other factors, including, without limitation, the timing of
the receipt of regulatory approvals required to complete the Offering and
those referred to in the Company's Annual Information Form dated as of April
18, 2012 under the heading "Risk Factors". Although the Company has attempted
to identify important factors that could cause actual results to differ
materially, there may be other factors that cause results not to be as
anticipated, estimated, described or intended. Accordingly, readers should not
place undue reliance on forward-looking statements or information.

FOR FURTHER INFORMATION PLEASE CONTACT: 
West Kirkland Mining Inc.
R. Michael Jones
(604) 685-8311


West Kirkland Mining Inc.
Michael Allen
(604) 685-8311


West Kirkland Mining Inc.
Knox Henderson
(604) 685-8311
info@wkmining.com
www.wkmining.com




        

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
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