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WestKam Gold Announces Private Placement

June 30, 2014



ENP Newswire - 30 June 2014

Release date- 26062014 - WestKam Gold Corp. (TSX.V-WKG) is pleased to announce a non-brokered private placement consisting of up to 9,500,000 units for aggregate proceeds of up to $500,000.

The Company will offer up to 2,500,000 flow-through units at $0.06 per flow-through unit and up to 7,000,000 units at $0.05 per unit. The flow-through units will be offered at $0.06 and consist of one flow-through common share and one common share purchase warrant exercisable to acquire one common share of the Issuer at an exercise price of $0.07 per share in years one and two following the date of Closing, and at an exercise price of $0.10 per share in years three through five following the date of Closing.

The units will be offered at $0.05 and consist of one common share and one common share purchase warrant exercisable to acquire one common share of the Issuer at an exercise price of $0.05 per share in years one and two following the date of Closing, and at an exercise price of $0.10 per share in years three through five following the date of Closing.

Proceeds arising from the sale of the units will be used for general working capital. Proceeds arising from the sale of the flow-through units will be used for a summer 2014 exploration program on the Bonaparte Gold Project.

About WestKam Gold Corp.

WestKam Gold Corp. is a Canadian gold exploration company focused on developing the Bonaparte Gold Project near Kamloops, British Columbia.

Additional information can be found on the company's website at www.westkamgold.com

Contact:

John Ulmer

Investor Relations

Tel: 778.994.6453

Forward looking statements

This release contains statements that are forward looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading 'Risk Factors' and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward looking statements.


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Source: ENP Newswire


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