West Kirkland Mining Inc. Announces $30.0 Million Best Efforts Offering of Units

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 11, 2014) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

West Kirkland Mining Inc. (TSX VENTURE:WKM) ("WKM" or the "Company") announces that the Company has filed a preliminary prospectus in connection with a "best efforts" offering of units (the "Units") for aggregate gross proceeds of a minimum of $25 million and a maximum of $30 million (not including the exercise of the Over-Allotment Option) (the "Offering"). The Offering will be co-led by Cormark Securities Inc. and PI Financial Corp. and shall include a syndicate of agents including GMP Securities L.P. and Macquarie Capital Markets Canada Ltd. (the "Agents"). The Units will be priced in the context of the market. The Agents have the option to purchase up to an additional 15% of the Units sold under and on the same terms as the Offering at any time until 30 days following the closing date. The Agents can elect to exercise the Over-Allotment Option for Units or Warrants only, or any combination thereof. In the event that the maximum offering size is sold and the over-allotment option is exercised in its entirety, the aggregate gross proceeds of the offering will be up to $34.5 million.

Each Unit shall consist of one common share (a "Common Share") of the Company and one-half of one common share purchase warrant (each full warrant, a "Warrant") for a period of 12 months following the closing of the Offering.

The Units will be offered by way of a short form prospectus which has been filed in all of the provinces of Canada (other than Quebec) pursuant to National Instrument 44-101 Short Form Prospectus Distributions and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended. Closing of the Offering is anticipated to occur on March 31, 2014 and is subject to receipt of applicable regulatory approvals including approval of the TSX Venture Exchange.

The net proceeds of the Offering will be used to fund the acquisition payment to Allied Nevada Gold Corp. in connection with the acquisition of the Hasbrouck project and for general corporate purposes.

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About West Kirkland Mining Inc.

WKM was formed in 2010 to focus on gold exploration along major trends in North America. The Company has consolidated significant mineral rights positions within the Long Canyon Trend of Nevada/Utah. The founders and Board members of WKM have successful experience in gold discovery, mine development and mine operations in Nevada and other gold producing jurisdictions in North America.

For further information, please see contact us by email at info@wkmining.com.

Disclaimer for Forward-Looking Information

This press release contains forward-looking information or forward looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Forward-looking information in this news release includes, without limitation, all statements regarding the terms, proposed timing and completion of the Offering, the use of proceeds and the filing of the preliminary and final prospectus. Although WKM believes that such timing as set out in this press release is reasonable, it can give no assurance that such expectations will prove to be correct. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the market for gold or other minerals that may be produced generally, closing of the transaction with Allied Nevada; variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's ability to obtain any necessary permits, consents or authorizations required for its activities, to raise the necessary capital or to be fully able to implement its business strategies and other risks associated with the exploration and development of mineral properties. The reader is referred to the Company's public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company's profile on SEDAR at www.sedar.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.