Vancouver, B.C. - June 7, 2013 - Westhaven Ventures Inc. (TSX-V:WHN) is pleased to announce that it has closed the non-brokered private placement previously disclosed by the Company on May 13th, 2013. The Private Placement raised gross proceeds of $200,000 through the issuance of 2,000,000 shares at a price of $0.10 per share. No warrants were issued with this placement. The Company paid a finder's fee of $1,600. All securities issued pursuant to the private placement will be subject to a four month hold period from the date of issuance.
In addition, the Company has issued 100,000 shares to Strongbow Exploration Inc. as per the Shovelnose Gold Project option agreement and also issued 50,000 shares to the Optionor of the BEN Gold Project.
On behalf of the Board of Directors
WESTHAVEN VENTURES INC.
Gareth Thomas, Director
About Westhaven Ventures Inc.
Westhaven Ventures Inc. is a Canadian based exploration company focused on the acquisition and exploration of prospective resource properties. Westhaven is focused on advancing its Shovelnose gold and BEN projects in British Columbia. Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN. For further information, please contact Gareth Thomas at 604-681-5558 or Shaun Pollard at 604-681-5521 or visit Westhaven’s website at www.westhavenventures.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.