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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2012) - WestKam Gold Corp. (TSX VENTURE:WKG) (the "Company") is pleased to announce a non-brokered private placement consisting of up to 11,750,000 units for aggregate proceeds of up to $1,762,500. The Company will offer up to 6,750,000 flow-through units and up to 5,000,000 units at $0.15 per unit. The flow-through units will be offered at $0.15 and consist of one flow-through common share and one common share purchase warrant exercisable at a price of $0.30 for a period of two years following the close of the private placement. The units will be offered at $0.15 and consist of one common share and one common share purchase warrant exercisable at a price of $0.30 for a period of two years following the close of the private placement. |