30 November 2023
VANCOUVER, BC, Nov. 30, 2023 /CNW/ - Western Atlas Resources Inc. ("Western Atlas" or "WA" or the "Company") (TSXV: WA), is pleased to announce that the previously announced non-brokered private placement (the "Private Placement") for gross proceeds of C$4,000,000 and 4:1 consolidation of the Company's common shares (the "Consolidation"), is expected to close before the end of December, 2023.
For more details regarding the Private Placement and the Consolidation please refer to the press release issued by the Company on November 8, 2023.
About Western Atlas
The Company is publicly listed on the TSX Venture Exchange under the symbol WA. Western Atlas is focused on the acquisition and development of scalable precious metals projects in premier mining jurisdictions. Western Atlas's wholly-owned subsidiary, 5530 Nunavut Inc., which was incorporated under the laws of Nunavut, and registered under the Business Corporations Act (Northwest Territories) on November 24, 2016, holds its interest in the Meadowbank project located in Nunavut, Canada.