Westminster Resources Ltd. (TSXV:WMR) announced a non-brokered private placement of up to 7,500,000 units at a price of CAD 0.10 per unit for gross proceeds of up to CAD 750,000 on August 31, 2020. Each unit will consist of one common share and one-half common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of CAD 0.20 per share for a period of two years from date of closing.

The company will pay finder's fees as per the policies of the TSX Venture Exchange. The securities issued are subject to a hold period of four months and one day from date of closing. Closing of the transaction is subject to TSX Venture Exchange.