Stocks in play: West Red Lake Gold Mines Inc

Announced that it completed a non-brokered private placement of flow-through shares for aggregated gross proceeds of $4,100,000. The Offering was completed as a condition precedent of a transaction with DLV Resources Ltd. whereby DLV will acquire all of the outstanding common shares of the Company pursuant to the letter agreement news released on August 16, 2022. The Company issued 86,315,790 Shares on a "flow-through" basis at a price of $0.0475 per Share for aggregated gross proceeds of $4,100,000. Gross proceeds from the Offering will be used by the Company for exploration expenditures on its 3,100 hectare West Red Lake Project property located in the Red Lake Gold District of Northwest Ontario. West Red Lake Gold Mines Inc shares C.RLG are trading unchanged at $0.04.