West Red Lake Gold Mines Ltd WRLGF

Primary Symbol: V.WRLG Alternate Symbol(s): V.WRLG.WT | WLGMF | V.WRLG.WT.A | V.WRLG.NT.U | V.WRLG.WT.B

Metals & Mining Gold

West Red Lake Gold Mines Ltd. is a Canada-based mineral exploration company. The Company is focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 square kilometers (km2) highly prospective land package in the Red Lake district of Ontario. The Madsen Property comprises a contiguous group of approximately 251 mining leases, mining patents and unpatented mining claims covering an aggregate area of 4,648 hectares (46.5 km2). It also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km2 including three past producing gold mines: Rowan, Mount Jamie, and Red Summit. The Rowan Property is comprised of 146 claims, including 58 patented claims, 20 leased, 65 staked crowns and three under license of occupation. The 3,100-hectare Rowan Property covers 12 km of strike length on the regional east-west trending Pipestone Bay St Paul Deformation Zone.

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West Red Lake Gold Mines Ltd > New Press Release - West Red Lake Gold Announces Closing of $29 Million Bought Deal Public Offering

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Comment by 7Twiggyon Oct 24, 2024 3:28pm

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Post# 36280818

RE:RE:RE:New Press Release - West Red Lake Gold Announces Closing of $29 Million Bought Deal Public Offering

My guess is the only reason it went down was a lot of accredited investors knew the bought deal was coming. Don't like the dilutiion, however a lot of us knew it was most likely coming and you have to
pay the bills like keeping 180 employees working.

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