Gowest Gold Completes Private Placement

November 09, 2016

Gowest Gold Ltd. (TSXV: GWA) (“Gowest” or the “Company”) completed a non-brokered private placement for aggregate gross proceeds of approximately $2.5 million. Gowest issued and sold 12,225,000 “flow-through” common shares of the Company, along with 325,000 non-“flow-through” common shares, in each case at a price of $0.20 per share.

Wildeboer Dellelce LLP acted for Gowest with a team consisting of James Brown, Michael Rennie and Carlye Bellavia (corporate/securities).