{"id":29403,"date":"2024-05-28T09:29:32","date_gmt":"2024-05-28T13:29:32","guid":{"rendered":"https:\/\/capital10x.com\/old\/?p=29403"},"modified":"2024-05-28T09:29:32","modified_gmt":"2024-05-28T13:29:32","slug":"west-red-lake-gold-to-list-warrants-on-tsx-venture-exchange","status":"publish","type":"post","link":"https:\/\/capital10x.com\/old\/west-red-lake-gold-to-list-warrants-on-tsx-venture-exchange\/","title":{"rendered":"West Red Lake Gold to List Warrants on TSX Venture Exchange"},"content":{"rendered":"

West Red Lake Gold Mines Ltd. (TSXV: WRLG) (OTCQB: WRLGF)<\/strong> announced that in connection with the completion of its previously announced public offering of units and charity flow-through units, which closed on May 16, 2024 (the \u201cOffering\u201d), the Company has applied to list the underlying Warrants (as defined below) on the TSX Venture Exchange (the \u201cTSXV\u201d).<\/p>\n

Please see the Company\u2019s news release dated May 16, 2024 for details related to the closing of the Offering.<\/p>\n

Each unit issued under the Offering was issued at a price of $0.72 and was comprised of one common share of the Company (a \u201cCommon Share\u201d) and one Common Share purchase warrant, (a \u201cWarrant\u201d). Each Warrant entitles the holder thereof to acquire one Common Share for an exercise price of $1.00 per share for 24 months from the closing of the Offering.<\/p>\n

Each charity flow-through unit was issued at a price of $0.89 and was comprised of one Common Share and one Warrant, issued as \u201cflow-through shares\u201d within the meaning of the Income Tax Act (Canada).<\/p>\n

The Company anticipates that 43,180,700 Warrants (being the aggregate number of Warrants issued pursuant to the units and charity flow-through units) will commence trading on the TSXV on May 30, 2024 under the symbol WRLG.WT. <\/strong><\/p>\n

The ISIN and CUSIP numbers of the Warrants are CA95556L1435 and 95556L143 respectively. The Warrants are governed pursuant to the terms of a warrant indenture dated May 16, 2024 between the Company and Odyssey Trust Company as warrant agent (the \u201cWarrant Indenture\u201d). A copy of the Warrant Indenture is available under the Company\u2019s profile on www.sedarplus.ca. Listing of the Warrants remains subject to TSXV approval.<\/p>\n

The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the \u201cU.S. Securities Act\u201d), or any U.S. state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with the requirements of an applicable exemption therefrom. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.<\/p>\n","protected":false},"excerpt":{"rendered":"

West Red Lake Gold will now have warrants available for investors on the TSX Venture exchange under the ticker WRLG.WT<\/p>\n","protected":false},"author":30,"featured_media":27944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56,2429],"tags":[104,1520,2141,2461,2375,2333,2460,2449,2332,2334,2357,2462],"class_list":{"0":"post-29403","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-featured","8":"category-gold-silver","9":"tag-gold","10":"tag-gold-juniors","11":"tag-investing-in-gold","12":"tag-investing-in-gold-miners","13":"tag-junior-mining-stocks","14":"tag-otcqbwrlgf","15":"tag-small-cap-gold-miners","16":"tag-small-cap-investing","17":"tag-tsxvwrlg","18":"tag-west-red-lake-gold","19":"tag-west-red-lake-gold-mines-ltd","20":"tag-wrlg-wt"},"acf":[],"yoast_head":"\nWest Red Lake Gold to List Warrants on TSX Venture 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