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Winshear Gold Gets TSXV Approval to Acquire Mineral Exploration Credits

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Winshear Gold (WINS.V) received TSX Venture Exchange's final approval to buy certain mineral exploration credits relating to claim 908950 which carries an exploration assessment credit of C$608,083, it said in a statement after markets closed on Wednesday.

The company will issue 1-million shares and 500,000 warrants to the vendors, it said. Through the warrants, the vendors are allowed to buy 500,000 shares in the company at C$0.20 apiece for a three-year period from the issuance date ending Aug. 20, 2029.

Shares of the company closed up 17% to C$0.10 on Wednesday on the TSX Venture Exchange.

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