On March 28, 2024, Westhaven Gold Corp closed the transaction. The company issued 1,010,869 common shares at a issue price of CAD 0.23 per Flow-through share for gross proceeds of CAD 232,499.87 under final tranche and a total of 7,926,182 units at a issue price of CAD 0.23 per unit for aggregate gross proceeds of CAD 7,926,182. The 1,010,869 securities issued in the final tranche are subject to a hold period and may not be traded before July 28, 2024. The company has paid finders? fees of CAD 26,508 to Red Cloud Securities Inc., CAD 25,875 to National Bank Financial Inc., CAD 24,150 to Generic Capital Corp., CAD 16,261 to Research Capital Corp., CAD 6,679 to iA Private Wealth Inc., CAD 3,900 to Haywood Securities Inc., CAD 1,504 to Raymond James Ltd., CAD 1,311 to PI Financial Corp., and CAD 1,000 to SCP Resource Finance LP.
On April 2, 2024, the company announced that the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 28 placees. The company paid a total of CAD 107,448.99 in the transaction.