49 North Resources announces that in connection with the closing of its rollover transaction with 49 North 2012 Resource Flow-Through Limited Partnership on February 4, it acquired ownership of 1,666,667 common shares and 833,334 common share purchase warrants of Wescan Goldfields. Each Warrant entitles the holder thereof to acquire one additional [...]
Wescan Goldfields is pleased to announce the results of its VTEM, and Magnetic Gradiometer airborne geophysical survey on Wescan's 100 percent owned Jojay Gold Property located 135 kilometers north of La Ronge, Saskatchewan. The airborne geophysical survey and interpretation was conducted by Geotech of Aurora. The new magnetic gradiometer data [...]
Wescan Goldfields is pleased to announce that it has closed the first tranche of its private placement financing consisting of an aggregate of 6,900,000 Common Shares in the capital of the Corporation. Common Shares of 3,500,000 will be issued on a flow-through basis pursuant to the Income Tax Act (Canada) at a price of $0.06 per FT Unit for [...]
Wescan Goldfields has updated the terms of their recently announced proposed private placement where each FT Unit will now consist of one Common Share issued on a flow-through basis, and one-half of one Common Share purchase warrant. Each Unit will now consist of one Common Share issued on a non flow-through basis, and one whole Common Share [...]
Wescan Goldfields intends to issue up to 16,666,667 common shares in the capital of the Corporation on a flow-through basis pursuant to the Income Tax Act (Canada) at a price of $0.06 per FT Unit and up to 10,000,000 units of the Corporation at a price of $0.05 per Unit, for intended aggregate gross proceeds of up to $1,500,000. Each FT Unit will [...]
Wescan Goldfields is pleased to announce the commencement of a 2012 winter drill program on its Munro Lake property. This program is being undertaken following a Magnetic and Electromagnetic airborne geophysical survey over the Munro Lake property conducted by Fugro Airborne Surveys of Ottawa, Ontario in 2011 and follow up ground prospecting [...]
