Westhaven Gold Corp. closed a private placement with Dundee Corporation, issuing 12,000,000 common shares at CDN$0.25 per share for gross proceeds of CDN$3,000,000. The company plans to use up to CDN$2 million for exploration activities, with the majority funding drilling. The common shares issued are subject to resale restrictions. Westhaven focuses on gold exploration in southern British Columbia, controlling four properties totaling ~615 square kilometers. The Shovelnose Gold project has a Preliminary Economic Assessment showing a robust, low-cost underground mining opportunity with significant potential. For more information, contact Vice President of Communications, Kaeli Gattens, at [email protected] or visit www.westhavengold.com.

Read more at GlobeNewswire: Westhaven Closes CDN$3 Million Private Placement with