Winston Gold Corp C.WGC

$1 Million Non-Brokered Private Placement

[Betteryear2]

WINNIPEG, MB / ACCESSWIRE / November 1, 2021 / Winston Gold Corp. ("Winston Gold" or the "Corporation") (CSE:WGC)(OTCQB:WGMCF) intends to complete a non-brokered private placement of up to 20 million units at $0.05 per unit, for gross proceeds of up to $1 million.

Each Unit consists of one common share (a "Share") and one share purchase warrant (a "Warrant"). Each full Warrant will entitle the holder to purchase an additional common share of the Corporation at an exercise price of $0.09 per share for a period of 2 years from closing of the Private Placement.

All securities issued in connection with the Private Placement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

The net proceeds from the Private Placement will be used for general corporate purposes and to advance the Winston gold project near Helena Montana.

About Winston Gold

Winston Gold is a junior mining company focused on advancing high-grade, low-cost mining opportunities into production. Towards that end, the Corporation has acquired an underexplored and under-exploited gold/silver mining opportunity, being the Winston Gold project near Helena, Montana.

visit www.winstongoldmining.com



https://www.accesswire.com/670664/Winston-Gold-Announces-1-Million-Non-Brokered-Private-Placement

[Kylemcc10]

Another 20 million added to the dilution dumpster fire 

[sclarda]

Kylemcc10 wrote Another 20 million added to the dilution dumpster fire  ------------------------------------------------------------------------------- Yes Richy will be happy as they keep getting more "Cheap money" so they can now produce more gold that they supposedly are producing but never make a news release on and keep piling up this gold bullion all over the place waiting

[Richy7]

Sclarda, I am fully focused on how this my investment will end. At these Gold prices no hair on my head thinks about selling. For me it's all about the next much higher gold price levels. Then all gold stocks will shine and even a dog will jump up. Yes, I'm happy and if I could I would add much more. Don't forget this is already a producing little mine.

[sclarda]

Richy7 wrote Sclarda, I am fully focused on how this my investment will end. At these Gold prices no hair on my head thinks about selling. For me it's all about the next much higher gold price levels. Then all gold stocks will shine and even a dog will jump up. Yes, I'm happy and if I could I would add much more. Don't forget this is already a producing little mine. ----------------

[Richy7]

I made a phone call I asked my questions. I trust the truth was told in the new presentation. I'm going to sleep until the price of gold will come to much higher price levels. I did pick this stock because I did my DD. I will hold the stock because it is in a better position now then when I bought then. You sell or keep whatever.

[sclarda]

Richy7 wrote I made a phone call I asked my questions. I trust the truth was told in the new presentation. I'm going to sleep until the price of gold will come to much higher price levels. I did pick this stock because I did my DD. I will hold the stock because it is in a better position now then when I bought then. You sell or keep whatever. --------------------------------------------------

[Kylemcc10]

Yea they really gave you unreleased info just because you called. That's definitely how it works. I want whatever you're on dude. 

[Gold_Addict]

I am as skeptical as you.  No news = bad news.  If they are actually producing why hasn't there been a revenue announcement?  The only bright side I see is that it seems that there are people/institutions that seem willing to keep this company afloat.  I know that means dilution for pisants like us, but perhaps it also means there's gold in them there hills.  

[sclarda]

Gold_Addict wrote I am as skeptical as you.  No news = bad news.  If they are actually producing why hasn't there been a revenue announcement?  The only bright side I see is that it seems that there are people/institutions that seem willing to keep this company afloat.  I know that means dilution for pisants like us, but perhaps it also means there's gold in them there