Board Change • Jun 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 4 experienced directors. No highly experienced directors. Member of Advisory Board John Mirko is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 13
West Mining Corp. announced that it has received CAD 0.632858 million in funding On March 12, 2026. West Mining Corp. announces that it has closed the transaction. It has issued 12,054,429 units at a price of CAD 0.0525 per Unit for gross proceeds of CAD 632,857.5225. The Company paid agreement finder’s fees of CAD 45,061 under the Financing and issued an aggregate of 588,300 finder’s warrants, each exercisable for one common share of the Company at a price of CAD 0.0525 until March 12, 2028. All securities issued under the Financing are subject to a four month hold period expiring July 13, 2026. Announcement • Jan 30
West Mining Corp. announced that it expects to receive CAD 0.6 million in funding West Mining Corp. announced a non-brokered private placement for issuance of up to 11,428,571 units at a price of CAD 0.0525 per unit for gross proceeds of up to CAD 599,999.9775 on January 29, 2026. Each unit will consist of one common share and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of CAD 0.07 for a period of two years from the date of issuance. The company may pay finder’s fees in connection with the financing. Securities issued under the financing will be subject to a four month hold period in accordance with applicable Canadian securities laws. Insiders of the company may participate in the financing. Announcement • Sep 03
West Mining Corp. Announces Exploration Program on Spanish Mountain West Property WEST MINING CORP. announced commencement of its 2024 exploration program on the 100% owned Spanish Mountain West Property in central British Columbia. As a first step, the program will integrate new multispectral satellite image analysis with existing geophysical and sampling surveys to identify high potential gold, copper and silver targets for follow-up field investigation this summer. The multispectral analysis will use digital image processing based on the European Space Agency Sentinel 2 MultiSpectral Instrument data, augmented with CBERS4A, LANDSAT and ASTER imagery to create composite images based on Principal Component Analysis (PCA) targeting potential mineral alteration occurrences. Targets identified from this work will be defined in greater detail by high resolution satellite image capture and analysis. These datasets will be integrated with existing airborne magnetic and field sampling surveys before follow-up in the field. As noted in a West news release dated December 1, 2021, previous soil geochemical surveys successfully identified multi-element and multi-station soil anomalies of key pathfinder elements associated with gold mineralization at the nearby Spanish Mountain deposit. The Spanish Mountain West Property covers 1,062 hectares and is underlain by Middle to Upper Triassic basalts of the Nicola Group in the southwest, and Middle to Upper Triassic sedimentary strata of the Slocan Group to the northwest. Announcement • Aug 27
West Mining Corp., Annual General Meeting, Oct 29, 2024 West Mining Corp., Annual General Meeting, Oct 29, 2024. Location: british columbia, vancouver Canada Announcement • Jul 24
West Mining Corp. Announces Exploration Program on Junker Property West Mining Corp. announced commencement of an exploration program on the 100% owned Junker Property in northern British Columbia. The program will integrate existing geophysical and sampling surveys with new multispectral satellite image analysis to identify high potential gold, copper and silver targets for follow-up field investigation this summer. The multispectral analysis is expected to begin by examining European Space Agency Sentinel 2 images withfalsecolor, shortwave infrared bands to create composite images with PCA results at 20 m per pixel resolution. Targets identified from this work will be defined in greater detail by high resolution satellite image capture and analysis. These datasets will be integrated with existing airborne magnetic and field sampling surveys before follow-up in the field. As noted in a West news release dated March 22, 2021, initial interest in the Junker Property was sparked by a stream sediment sample that is above the 99th percentile gold (INNA), collected as part of the BC Ministry of Mines Regional Geochemical Sampling program. Similar signatures with 98th or 99th percentile gold in stream sediment samples were returned near the historic Lawyers, Kemess and Baker Mines. The Junker Property covers 2,100 hectares and is underlain by Lower to Middle Jurassic marine sedimentary and volcanic rocks of the Hazelton Group. In 2004, Stealth Minerals collected 19 rock samples and 13 silt samples for geochemical analysis. Rock samples consisted of grab from float and subcrop. PIMA spectroscopy analysis was done on 16 rock samples to determine alteration. A float sample of quartz with pyrite yielded 1.28 g/t gold and 1.69 g/t silver (sample 151456). A sample of pyritic quartz vein subcrop yielded 0.1 % copper and 1.08 g/t gold (sample 151405). A dacitic subcrop sample containing thin quartz stringers with pyrite yielded 0.4% copper and 8.64 g/t silver (sample151401). This sample was located about 500 metres east of sample 151405. Announcement • Jul 23
West Mining Corp. announced that it has received CAD 0.54951 million in funding On July 22, 2024, West Mining Corp. closed the transaction. The company issued 1,831,700 units at an issue price of CAD 0.30 per unit for gross proceeds of CAD 549,510. The company paid finders' fees of CAD 53,001 and issued an aggregate of 176,670 finders' warrants, each exercisable for one common share at a price of CAD 0.30 until July 22, 2026. The finders' warrants are subject to a four-month hold period expiring November 23, 2024, in accordance with applicable Canadian securities laws. Announcement • Jun 25
West Mining Corp. announced that it expects to receive CAD 0.5 million in funding West Mining Corp announced a non-brokered private placement of 1,666,667 units at issue price CAD 0.3 per unit for gross proceeds CAD 500,000.1 on June 24, 2024. Each unit will consist of one common share and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of CAD 0.4 for a period of two years from the date of issuance. The securities offered under the exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. The transaction is subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106, Prospectus Exemptions Announcement • Jun 08
West Mining Corp. Appoints Harrison Cookenboo to its Advisory Board West Mining Corp. announced the appointment of Harrison Cookenboo, Ph.D., P.Geo., to its advisory board. Dr. Cookenboo is a professional geologist with more than 35 years of experience studying and evaluating geologic prospects, deposits and processes around the world. Dr. Cookenboo completed his B.Sc. cum laude, in geology, at Duke University, in the United States of America, and then worked for 5 years in hydrocarbon exploration in the offshore Gulf of Mexico region. He then completed both his M.Sc., and Ph.D. in geology at the University of British Columbia, in Canada. He has broad exploration and research experience in both precious and base metals, diamonds, kimberlites, as well as sedimentological processes, including oil and gas. Dr. Cookenboo has authored numerous reports for both academic journals and public companies, including more than 25 technical reports to the standards of National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Cookenboo is a “Qualified Person” in exploration and evaluation of gold, silver, diamond, gemstone, and Ni-Cu-PGE deposits. He is currently registered as a professional geologist or geoscientist by the Association of Engineers and Geoscientists in British Columbia (APEGBC), the Association of Professional Engineers and Geologists of Saskatchewan (APEGS), as well as a Fellow of the Geological Association of Canada. Announcement • May 30
West Mining Corp. announced that it has received CAD 0.825 million in funding On May 29, 2024, West Mining Corp. closed the transaction. The company has issued 4,125,000 units at a price of CAD 0.2 per unit for gross proceeds CAD 825,000. In connection with the Financing, the Company paid finder’s fees of CAD 55,889 and issued an aggregate of 215,500 finder’s warrants, each exercisable for one common share at a price of CAD 0.20 until May 30, 2026. Securities issued under the Financing are subject to a four month hold period expiring September 30, 2024, in accordance with applicable Canadian securities laws. New Risk • May 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 63% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€2.87m market cap, or US$3.12m). Announcement • Apr 24
West Mining Corp. announced that it expects to receive CAD 0.75 million in funding West Mining Corp. has arranged a non-brokered private placement of 3,750,000 units at a issue price CAD 0.20 per unit for gross proceeds CAD 750,000 on April 23, 2024. Each warrant will entitle the holder to purchase one common share at a price of CAD 0.40 for a period of two years from the date of issuance. The company may pay finders' fees in connection with the financing. Securities issued under the financing will be subject to a four-month hold period, in accordance with applicable Canadian securities laws. Announcement • Apr 20
West Mining Corp. Plans to Complete Extensive Core Resampling Program on its 100% Owned Kena and Daylight Properties in the Nelson Mining District of Southeastern British Columbia West Mining Corp. announced plans to complete an extensive core resampling program on its 100% owned Kena and Daylight Properties, collectively known as the Company’s “Kena” Gold and Copper Project, located in the Nelson Mining District of southeastern British Columbia. The resource estimate includes 252 drill holes. Drill results indicate zones of “bulk-tonnage type” gold mineralization, with multiple holes containing 100 metre wide zones averaging >1 g/t gold. Several holes also intersected higher grade gold, indicating a gold-enriched zones, spatially related to faults and geological contacts. Drilling to date has also intersected 154 high grade structural shoots of 5.08 to 240.07 g/t gold over average 1.5 metre widths occurring largely within the homogenous lower grade halos. The table below summarizes the Total Mineral Resource estimate for the Kena Project. The majority of the core resampling has now been completed with 26 holes remaining to be sampled. Completed resampling to date consists of 438 core samples and 91 QAQC inserted blanks and standards to bring the sampling protocols up to current quality control standards. Upon completion of the sampling program, this information along with results from 31 holes from West’s diamond drill programs completed after the 2021 resource estimation will be submitted to MMTS to recalculate the Kena and Daylight Properties current resource estimation. New Risk • Mar 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$535k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$535k free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 31% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€1.31m market cap, or US$1.42m). Minor Risk Shareholders have been diluted in the past year (48% increase in shares outstanding). Board Change • Jan 08
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Director Andy Smith is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Dec 10
West Mining Corp. announced that it expects to receive CAD 0.25 million in funding West Mining Corp. announces private placement of 5,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 250,000 on December 8, 2023. Each unit will consist of one common share and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of CAD 0.065 for a period of two years from the date of issuance. The company may pay finder’s fees in connection with the financing. Securities issued under the financing will be subject to a four month hold period in accordance with applicable Canadian securities laws. New Risk • Nov 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 9x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.3m free cash flow). Share price has been highly volatile over the past 3 months (74% average weekly change). Earnings have declined by 49% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 9x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€619.0k market cap, or US$673.3k). Announcement • Oct 24
West Mining Corp. Announces Board Changes West Mining Corp. announced that Mr. Lawrence Hay has joined the Company’s board of directors, effective immediately. Mr. Lawrence’s appointment is in conjunction with the resignation by Mr. Alex Klenman as a director of the Company to focus on other interests. Announcement • Jun 15
West Mining Corp. Announces Board Changes West Mining Corp. announced that Nader Vatanchi has joined the Company as President, Corporate Secretary and a member of the board of directors. Mr. Vatanchi has over a decade of experience in finance, starting with Edward Jones and IG Wealth Management in 2012, where he spent a combined six years before selling his business to pursue his entrepreneurial goals. Mr. Vatanchi graduated with a Bachelor of Arts in Criminology from Simon FraserUniversity. Currently, he is the CEO and director of a number of publicly traded companies. In connection with Mr. Vatanchi's appointment as President and Corporate Secretary, Aaron Wong resigned from those positions. Mr. Wong remains the Company's Chief Executive Officer, as well as a director of the Company. Board Change • Feb 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Director Alex Klenman is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jan 12
West Mining Corp. Announces Assay Results for the 2022 Diamond Drilling Program on Its 100% Owned Kena Gold-Copper Project in Southeastern British Columbia West Mining Corp. announced that assay results have now been received for the 2022 diamond drilling program on its 100% owned Kena Gold-Copper project in southeastern British Columbia. The over 9000 hectare Kena Project, consists of the Kena, Daylight and Athabasca Properties which trend along a 20 kilometre long mineralized belt. The Kena Property hosts several large gold and copper zones. The Kena Gold and Gold Mountain Zones contain the recent gold resource estimate, hosting 2.77 million ounces of gold inferred and 0.56 million ounces of gold indicated at 0.25 g/t cutoff. The 2022 drilling program totalled 2400 metres in 9 diamond drill holes. All holes were drilled toward azimuth 060o and with dips of -50o or -60o. The best results were obtained from the final drill hole GM22-09 with 8.04 g/t gold over 2 metres (at 173.75 metres downhole) and 9.63 g/t gold over 2 metres (at 225.80 metres downhole). Holes GM22-01 to 04 were designed to test a newly identified north-south trending geophysical structure (magnetic gradient). Gold values were returned from several of drill core samples in these holes, however, the anticipated higher grades along this structure were not obtained. Drill holes GM22-05 to 09 were step out and infill holes up to 300 metres to the north and west of the core of the Gold Mountain Zone designed to expand on the gold resource numbers in that area. Gold in the resource area occurs in strongly silicified shoots surrounded by broad envelopes of consistent disseminated gold mineralization. The Gold Mountain Zone transects the permissive geologic boundary between the Elise volcanic and Silver King intrusive units, extending for >300 metres into the altered, crackle brecciated intrusive. As anticipated broader zones of disseminated gold mineralization were encountered, such as 41.9 metres averaging 0.64 g/t gold in hole GM22-06. Along with the disseminated mineralization, several 2 metre samples returned > 1 g/t gold, most notably in hole GM22-09 with samples of 8.04 g/t and 9.63 g/t gold. These results indicate continued expansion of the gold mineralization to the west and north of the gold resource. Strong gold soil geochemical and induced polarization geophysical anomalies also indicate that the resource area is also open to the south. Additional database compilation and 3D modelling work is currently underway. A detailed geologic block model, combined with the gold resource shells and geophysical anomalies will be used to guide expanded drilling in 2023. The Company also announces that Nicholas Houghton has resigned as an officer and director of the Company to focus on other interests. Mr. Aaron Wong will replace Mr. Houghton on the board of directors and as Chief Executive Officer, President and Corporate Secretary of the Company. Board Change • Oct 31
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. CEO, President, Company Secretary & Director Nicholas Houghton is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO, President, Company Secretary & Director Nicholas Houghton is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 
