en.Wedoany.com Reported, March 30, 2026 - Western Mining Company (CSE: WEST), headquartered in Vancouver, British Columbia, Canada, disclosed that it has entered into a non-binding letter of intent with 1538963 BC Ltd. on March 28th to acquire an option on a mineral exploration project in central Quebec, Canada. The LOI aims to facilitate the signing of a binding property option agreement between the parties by April 30th. According to the agreement, Western Mining will exercise the option within two years by issuing a total of 7 million common shares to the option grantor. The transaction is subject to mutual due diligence.

Western Mining also announced that it has entered into a consulting agreement with Canaccord Genuity Corp. on March 30th, engaging the latter to provide financial advisory and support services. As compensation, Western Mining will issue 2 million common shares to Canaccord at a price of $0.05 per share, for a total consideration of $100,000. These shares will be subject to a four-month hold period upon issuance.

Western Mining Company is a company focused on mineral exploration. It is currently exploring copper, gold, and silver resources at its Junkers property in north-central British Columbia and its Spanish Mountain West property in central British Columbia, and holds a 100% interest in the Kena property. The company stated that it will provide further details on the Quebec mineral project option transaction as developments occur.

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