Key Developments: West Kirkland Mining Inc (WKM.V)

WKM.V on TSX Venture Exchange

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11 Jul 2014
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Latest Key Developments (Source: Significant Developments)

West Kirkland closes $3.4 mln in second tranche of non-brokered financing
Friday, 2 May 2014 05:30pm EDT 

West Kirkland Mining Inc:Closed the second and final tranche of its private placement, previously announced on April 9, 2014, by issuing 22,700,000 units for gross proceeds of $3,405,000.Each Unit in the Non-Brokered Offering was issued at a price of $0.15 and consisted of one common share.Intends to use the remaining balance of proceeds to advance Hasbrouck and for general corporate purposes.  Full Article

West Kirkland completes acquisition of Hasbrouck and Three Hills properties from Allied Nevada
Wednesday, 23 Apr 2014 02:00pm EDT 

West Kirkland Mining Inc:Says that its subsidiary, WK Mining (USA) Ltd completed acquisition of an initial 75 pct interest in the Hasbrouck and Three Hills properties (the Properties) for $20,000,000 from subsidiaries of Allied Nevada Corp.  Full Article

West Kirkland Mining Inc to trade on TSX Venture Exchange
Monday, 21 Apr 2014 08:00pm EDT 

West Kirkland Mining Inc:Prospectus for listing was accepted by TSX Venture Exchange.Pursuant to offering 162,615,167 common shares and 162,615,167 common share purchase warrants have issued.Unit price will be $0.15 per share.  Full Article

West Kirkland Mining Inc closes C$29.2 mln in first tranche of financings
Thursday, 17 Apr 2014 09:54am EDT 

West Kirkland Mining Inc:Closes fully marketed prospectus offering of units , as well as first tranche of non-brokered private placement offering of units under substantially similar terms as prospectus offering.Pursuant to offerings, Company issued 194,907,833 Units at price of $0.15 per unit for aggregate gross proceeds of C$29,236,175, including partial exercise of the Over-Allotment Option.Intends to use net proceeds to fund acquisition payment of C19.5 mln to Allied Nevada Gold Corp nd for general corporate purposes.  Full Article

West Kirkland Mining Inc closes non-brokered private placement
Friday, 31 Jan 2014 04:58pm EST 

West Kirkland Mining Inc:Says it has closed the second and final tranche of its previously announced non-brokered private placement financing (the Private Placement) by issuing 5,400,000 common shares at $0.10 per share for gross proceeds of C$540,000.Says all shares issued pursuant to the second tranche are subject to a statutory four month hold period which expires on June 1, 2014.  Full Article

Allied Nevada Gold Corp Announces Divestiture of Property to West Kirkland Mining Inc
Monday, 27 Jan 2014 07:30am EST 

Allied Nevada Gold Corp:Signed a Letter Agreement with West Kirkland Mining Inc to divest its non-core Hasbrouck and Three Hills Properties for a total purchase price of $30 million dollars.The Hasbrouck property consists of 28 patented mining claims and 583 unpatented mining claims and the nearby Three Hills property consists of six patented mining claims and 100 unpatented mining claims located in Nye County and Esmeralda County, Nevada, U.S.A.  Full Article

West Kirkland Mining Inc Announces Increased Size of Offering of Units Based on Demand
Thursday, 24 Jan 2013 05:14pm EST 

West Kirkland Mining Inc announced 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.  Full Article

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