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Message: WEL Flow Through PP

WEL Flow Through PP

posted on Nov 24, 2008 11:07AM

Some of you may be aware of a Flow Through Private Placement that WEL has just put out to raise some additional funds for their 2009 exploration program. If you are interested in participating in that, you should contact the WEL office: (204) 944-8916 (or check their website for other contact info: http://www.wildcat.ca)

Here is an excerpt from the subscription paperwork:

The undersigned (the “Subscriber”) on its own behalf or, if applicable, on behalf of the disclosed purchaser who is identified by name and on whose behalf the Subscriber, as agent, is purchasing hereunder (the “Disclosed Purchaser”), hereby irrevocably subscribes for and agrees to purchase from the Corporation, on and subject to the terms and conditions attached hereto Units, each of which consists of one “flow-through” common share (a “Flow-Through Share”) of the Corporation and one half of one Warrant (as hereinafter defined) (the “Purchased Securities”) for the aggregate subscription price of $0.05 per Unit (the “Purchase Price”), payable in cash to raise a total of up to $400,000. Attached as Appendix 1 to this Agreement are the terms and conditions of the sale of the Purchased Securities and the representations, warranties and covenants hereby made by the Subscriber (as hereinafter defined) and the Corporation, all of which Appendix 1 forms part of and is hereby incorporated by reference into this Agreement (the “Terms and Conditions”).

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