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2009

West Timmins Mining Inc.
Bought Deal

We represented a syndicate of underwriters led by Raymond James Ltd. and including Canaccord Capital Corporation, Haywood Securities Inc. and Wellington West Capital Markets Inc. in connection with a, $11,500,000 underwritten private placement of 6,666,667 units at an issue price of $0.75 per unit and 7,558,140 flow-through shares at an issue price of $0.86 per flow-through share which completed on June 4, 2009. The financing was completed as a private placement to accredited investors. The proceeds raised from the Offering will be used by the Company primarily for exploration of its mineral properties located in Timmins. Ontario. The common shares of West Timmins are listed for trading on the Toronto Stock Exchange.