Anthem Ventures Capital completes acquisition of West Kirkland Mining and concurrent private placement financing for for US$6 million

On May 28, 2010, Anthem Ventures Capital Corp. (TSX VENTURE:AVE.P) announced that it had completed its acquisition of all of the issued and outstanding shares of West Kirkland Mining Inc. ("WKM") pursuant to an acquisition agreement dated March 24, 2010 with WKM and the shareholders of WKM. The acquisition and related transactions constituted the Anthem's Qualifying Transaction under the policies of TSX Venture Exchange ("TSXV"). As a result of the completion of the acquisition and related transactions, Anthem will cease to be a capital pool company, and its common shares will resume trading on TSXV as a 'Tier 2 Mining Issuer' effective at market open on Monday May 31, 2010 under the new stock symbol 'WKM'. Anthem's name will be officially changed to "West Kirkland Mining Inc." shortly after trading resumes and the stock symbol will remain WKM. In conjunction with the completion of the acquisition, Anthem completed a brokered private placement financing for gross proceeds of $6,000,000 involving the issuance of 12,000,000 common shares at a price of $0.50 per share. PI Financial Corp. acted as agent for the financing. Anthem was advised in these transactions by Fasken Martineau with a team led by Blair Horn and that included, among others, Steve Saville and Samuel Li, assisted by paralegal Sara Knappe.