Shaun Pollard reports
WESTHAVEN RECEIVES $867,446 FROM WARRANT EXERCISE
Westhaven Ventures Inc. has receive proceeds of $867,446 related to the exercise of warrants and options. As of the date of this news release, the company now has 83,887,958 common shares issued and outstanding.
Plethora Precious Metals Fund has increased its shareholdings through the exercise of two million warrants. The warrants, acquired through a private placement transaction, had an exercise price of 10 cents and were set to expire on Oct. 17, 2019. After consideration of this transaction, Plethora owns 12,690,166 shares, representing 15.1 per cent of the company on a non-diluted basis. Plethora acquired these securities for investment purposes, thus, depending on the economic or market conditions or matters relating to the company, Plethora may choose to either acquire additional securities or dispose of securities of the company.
About Westhaven Ventures Inc.
Westhaven Ventures is a Canadian-based exploration company focused on the acquisition and exploration of prospective resource properties. Westhaven is focused on advancing its Shovelnose, Prospect Valley, Skoonka and Skoonka North gold projects in British Columbia.
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