Westhaven Gold Secures C$1.5 Million Investment from Rob McEwen

The investment is part of a larger C$5 million brokered private placement offering led by Red Cloud Securities.

Rob McEwen, founder of Goldcorp and Executive Chairman of McEwen Mining Inc., has committed C$1.5 million through his private holding company, Evanachan Ltd.
The brokered private placement aims to raise a total of C$5 million through the sale of various securities, including units, flow-through shares, and charity flow-through units.
The offering is being managed by Red Cloud Securities Inc., acting as the sole agent and bookrunner.
Proceeds from the offering will be used for working capital, general corporate purposes, and Canadian exploration expenses on Westhaven's mineral projects in British Columbia.
The offering is expected to close around October 15, 2024, pending necessary approvals, including from the TSX Venture Exchange.