Lincoln Park Capital Fund LLC has agreed to invest up to $10.1 million in WestMountain Gold Inc.

Based in Sandpoint, Idaho, WestMountain has the right to sell to Lincoln up to $10 million of its common stock for a two-year period. LPC has already purchased $100,000 of WestMountain stock at a price of $.88 per share.

WestMountain is an exploration company that acquires and develops advanced-stage gold properties.

Chicago-based Lincoln is an institutional investor that invests in public and private companies.

 

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.