Mr. Matt Wayrynen reports

WESTKAM ANNOUNCES 1ST TRANCHE ($1,741,425) CLOSING OF PRIVATE PLACEMENT

Westkam Gold Corp. has closed the first tranche of its private placement announced on April 26, 2016. The company raised $1,741,425 by issuing 42,626,333 flow-through units and 15,421,166 non-flow-through units at a price of three cents per unit.

In conjunction with this offering, the company paid finders' fees to eligible persons totalling $223,932 cash and 1.65 million warrants. Each warrant issued as a finder's fee is exercisable into a common share of the company at a price of five cents per share for a period of five years from the date of issue.

All securities issued pursuant to this private placement are subject to a hold period that expires Aug. 30, 2016, in compliance with Canadian securities laws and the policies of the TSX Venture Exchange. The funds will be used for the purposes set out in the April 26, 2016, news release.

We seek Safe Harbor.