West Red Lake Gold Mines Ltd V.WRLG

US$20 Million Private Placement of Gold Linked Notes V.WRLG

[Betteryear2]

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

TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF), is pleased to announce that it has entered into an agreement with Raymond James Ltd. to act as sole bookrunner and lead agent, on behalf of a syndicate of agents (together, the “Agents”), in connection with a marketed “best efforts” private placement of units of the Company (each, a “Unit”) at a price of US$1,000 per Unit (the “Offering Price”) for gross proceeds of US$20,000,000 (the “Offering”). The Agents will have the option to sell up to an additional 15% of the Units offered, exercisable, in whole or in part, at any time up to 48 hours prior to the Closing Date (as defined below) to cover over-allotments, if any.

West Red Lake Gold Announces a US$20 Million Private (globenewswire.com)

[jake12116]

Hopefully they will be responsible with the money unlike they did a pure gold mining, Mr billionaire & his big mouth buddies run it so disrespectful  Hired the wrong people, wreck rental equipment, and screwed retail investors, hard working honest people  maybe liberals will buy it like TMX lol