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WestKam Gold Terminates Purchase Agreement to Acquire the Powerline One Uranium Project in Utah

Written by Customer Service on . Posted in Public Companies.

Vancouver, Canada, Feb. 21, 2025 (GLOBE NEWSWIRE) — WestKam Gold Corp. (TSX-V:WKG) (the “Company” or “WestKam”) is announces that it has terminated negotiations for the purchase of a 100% legal and beneficial interest in 131 lode claims in Grand County, Utah, covering 2,649 acres (1,072 ha), called the Powerline One Project (the “Powerline”).

Mr. Peter Laipnieks, President and CEO of WestKam states “The Company was unable to finalize the final acquisition on favourable terms, and will continue to seek out potential projects that better align with the Company’s strategic plan.”

About WestKam

WestKam Gold Corp. is a Canadian-listed junior gold exploration company focused on exploring and developing projects in Western North America.

ON BEHALF OF THE BOARD OF DIRECTORS

“Peter Laipnieks”
Peter Laipnieks, President & CEO

Contacts:

WestKam Gold Corp.
Suite 900, 570 Granville Street
Vancouver, BC V6C 3P1

Contact:

Investor Relations
250.216.5674
westkam007@gmail.com
westkamgoldcorp.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking information

All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.

 

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