Western Exploration Announces Closing of Private Placement

Western Exploration Announces Closing of Private Placement

Business Wire

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RENO, Nev.--(BUSINESS WIRE)--Western Exploration Inc. (TSXV: WEX; OTCQX: WEXPF) (the "Company" or "Western Exploration") is pleased to announce that it has closed the previously announced non-brokered private placement of units (the "Units") in the capital of the Company (the "Offering"). The Offering consisted of the issuance of 9,348,086 Units at a price of $0.70 per Unit, for aggregate gross proceeds of approximately $6,543,659. Each Unit consists of one variable voting share of the Company

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