Mr. Shaun Pollard reports

WESTHAVEN CLOSES NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT

Westhaven Gold Corp. has closed the non-brokered private placement announced on June 11, 2024. Westhaven has issued a total of 6,685,000 common shares that qualify as flow-through shares of the company for the purposes of the Income Tax Act (Canada) at a price of 23 cents per FT common share for aggregate gross proceeds of $1,537,550.

Proceeds from the offering will be used to incur Canadian exploration expenses (within the meaning of the Income Tax Act (Canada)) related to Westhaven's projects in British Columbia, Canada. The company will renounce these expenses to the purchasers of the FT shares with an effective date of no later than Dec. 31, 2024.

The private placement remains subject to TSX Venture Exchange approval. The securities issued in the first closing are subject to a hold period and may not be traded before Oct. 21, 2024.

The company paid finders' fees of $75,003 to Red Cloud Securities Inc., $16,560 to National Bank Financial Inc. and $690 to Ventum Financial Corp.

About Westhaven Gold Corp.

Westhaven is a gold-focused exploration company advancing the high-grade discovery on the Shovelnose project in Canada's newest gold district, the Spences Bridge gold belt. Westhaven controls 37,000 hectares (370 square kilometres) with four gold properties spread along this underexplored belt. The Shovelnose property is situated off a major highway, near power, rail, large producing mines and within commuting distance from the city of Merritt, which translates into low-cost exploration. Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN.

We seek Safe Harbor.