Mr. Gareth Thomasof Westhaven reports
WESTHAVEN GOLD RECEIVES TSX VENTURE APPROVAL OF CLAIM PACKAGE ACQUISITION FROM TALISKER RESOURCES
Westhaven Gold Corp. has received approval from the TSX Venture Exchange for the acquisition of the claim package outlined in the press release dated Aug. 22, 2024, from Talisker Resources Ltd.
Pursuant to the agreement, Westhaven has paid $20,000 in cash and issued 1.5 million common shares of the company to Talisker. The shares will be subject to statutory resale restrictions ending on Jan. 6, 2025, as well as contractual restrictions to be released in equal instalments on Jan. 6, 2025, May 6, 2025, and Sept. 6, 2025. Westhaven granted a 1-per-cent net smelter royalty on the claims and has the option to buy back the 1-per-cent NSR at any time for $1-million.
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 approximately 60,950 hectares (approximately 609.5 square kilometres) with four gold properties spread along this underexplored belt. The Shovelnose property is situated off a major highway, near power, rail and 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.
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