Aurwest Resources Corporation announced a non-brokered private placement of up to 15,429,993 flow-through shares at a price of CAD 0.03 per flow-through share for gross proceeds of CAD 462,899.79; and 39,358,402 units at a price of CAD 0.02 per unit for gross proceeds of CAD 787,168.04; for aggregate gross proceeds of CAD 1,250,067.83 on March 25, 2024. Each unit will consist of one common share and one half of one common share purchase warrant. Each warrant will entitle the subscriber to purchase one additional common share at a price of CAD 0.05 for 24 months from the date of issuance.

The transaction will include participation from certain directors, officers, and other insiders of the company. The company reserves the right to pay a fee in cash, to eligible finders pursuant to the offering, in the amount of an 8% cash commission. The offering remains subject to final acceptance of the CSE.