WESCAN GOLDFIELDS INC. ANNOUNCES EXTENSION OF PRIVATE PLACEMENT

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES/

SASKATOON, SK, Oct. 20, 2023 /CNW/ - Wescan Goldfields Inc. (TSXV:WGF.VN) ("Wescan" or the "Company") is pleased to announce that the TSX Venture Exchange (the "Exchange") has granted the Company an extension to complete its private placement of flow-through common shares in the capital of the Company (the "Flow-Through Shares") at a price of $0.06 per Flow-Through Share and units of the Company (the "Units") at a price of $0.05 per Unit, which was previously announced on September 1, 2023, and subsequently upsized on September 29, 2023 (the "Offering"). The extended date for completion of the Offering is November 10, 2023.