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Wescan Goldfields closes first tranche of $2.24M private placement to fund 2026 exploration.

Company Fundamentals
04 Jun 2026
Wescan Goldfields Inc.
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Bullish
pluang ai news

Wescan Goldfields Inc. has closed the first tranche of its private placement, raising $2.24 million by issuing over 10 million units at $0.22 each. Each unit includes one common share and half a warrant to buy more shares at $0.35 within two years. The funds will support the 2026 summer exploration program at the Munro Lake Project in Saskatchewan, following promising past drill results. The company plans to close a second tranche soon, pending regulatory approval, to further advance its gold exploration efforts.

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