By Laura Lutz
Washington, Dec. 13 - West Timmins Mining Inc. arranged a private placement of flow-through shares for up to C$1 million.
The company plans to sell up to 1,666,667 flow-through shares at C$0.60 each.
Proceeds of the non-brokered deal will be used for drill testing and exploration of the company's West Timmins gold project.
West Timmins is a gold exploration and mining company based in Vancouver, B.C.
| Issuer: | West Timmins Mining Inc.
|
| Issue: | Flow-through shares
|
| Amount: | C$1 million
|
| Shares: | 1,666,667
|
| Price: | C$0.60
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | Dec. 13
|
| Stock symbol: | Toronto: WTM
|
| Stock price: | C$0.53 at close Dec. 12
|
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