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oil & gas

LATEST FIRM TRANSACTION

Gowest Gold Completes Private Placement

December 23, 2015

Gowest Gold Ltd. (TSXV: GWA) (“Gowest” or the “Company”) completed a non-brokered private placement for aggregate gross proceeds of approximately $1 million. Gowest issued and sold 10,177,420 “flow-through” units of the Company, at a price of $0.10 per unit, with each unit comprised of one “flow-through” common share and one-half of one common share purchase warrant. Each whole common share purchase warrant is exercisable to purchase one common share of the Company at a price of $0.15 until December 22, 2017.

Wildeboer Dellelce LLP acted for Gowest with a team that included James Brown, Michael Rennie and Ragu Anantharajah (corporate/securities).

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