News Column

Westhaven Closes Private Placement

May 5, 2014



ENP Newswire - 05 May 2014

Release date- 02052014 - Vancouver, B.C. - Westhaven Ventures Inc. (TSX-V:WHN) is pleased to announce that the TSX Venture Exchange has accepting for filing the non-brokered private placement previously announced on April 15th, 2014.

The placement resulted in the issuance of 850,000 flow-through Units (the 'Units').

The Units were offered at a price of $0.10 per unit. Each FT Unit consists of one flow-through common share and one non-transferable, non flow-through warrant (the 'NFT Warrant'). Each NFT Warrant will entitle the holder to purchase one non flow-through common share at a price of $0.15 for a period of 24 months from the closing date of the private placement. No finder's fees were payable in relation to the financing. All securities issued pursuant to the private placement will be subject to a four month hold period from the date of issuance and will become free trading on August 30th, 2014.

About Westhaven Ventures Inc.

Westhaven Ventures Inc. is a Canadian based exploration company focused on the acquisition and exploration of prospective resource properties. Westhaven is focused on advancing its Shovelnose and BEN projects in British Columbia and its Mona project in the Northwest Territories. Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN.

Contact:

Westhaven Ventures Inc.

1056 - 409 Granville Street

Vancouver, B.C.

Canada V6C 1T2

Tel: 604-681-5558

Fax: 604-681-5528

Email: info@westhavenventures.com

Website: www.westhavenventures.com


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Source: ENP Newswire


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