Mr. Ken Armstrong reports

WESTHAVEN ANNOUNCES SPECIAL MEETING MATERIALS NOW AVAILABLE

The materials, including a management information circular, for the upcoming special meeting of shareholders of Westhaven Gold Corp., scheduled for Feb. 17, 2026, have been mailed to shareholders of record as of Dec. 30, 2025, and filed under the company's profile on SEDAR+.

At the meeting, Westhaven shareholders will consider and, if deemed advisable, pass, with or without variation, an ordinary resolution to approve an earn-in and joint venture agreement between the company and Dundee Corp., pursuant to which the company will dispose of an up-to-60-per-cent interest in its Shovelnose gold project, Prospect Valley gold project, Skoonka gold project and Skoonka North project to Dundee, as more particularly described in the circular and as initially announced in Westhaven's news release dated Dec. 22, 2025.

The meeting will be held in person at 1133 Melville St., Suite 3500, The Stack, Vancouver, B.C., V6E 4E5, on Tuesday, Feb. 17, 2026, at 10 a.m. Vancouver time. At the meeting, Westhaven shareholders will be asked to pass the transaction resolution.

The board of directors of Westhaven unanimously recommends that shareholders vote for the transaction resolution. The deadline to vote by proxy is 10 a.m. Vancouver time on Feb. 12, 2026.

The notice of meeting, the accompanying management information circular and related meeting materials are now available under the company's profile on SEDAR+ and on the company's website.

About Westhaven Gold Corp.

Westhaven is a gold-focused exploration and development company targeting low-sulphidation, high-grade, epithermal-style gold mineralization within the Spences Bridge gold belt in Southern British Columbia. Westhaven controls approximately 61,512 hectares (approximately 615 square kilometres) within four gold properties spread along this underexplored belt.

The Shovelnose gold project is the most advanced property, with a recently updated 2025 preliminary economic assessment that validates the project's potential as a robust, low-cost and high-margin 11-year underground gold mining opportunity with average annual life-of-mine production of 56,000 ounces gold and 313,000 ounces silver with a $454-million (Canadian) after-tax net present value (at a discount rate of 6 per cent) and a 43.2-per-cent internal rate of return (IRR) (base case parameters of $2,400 (U.S.) per ounce gold, $28 (U.S.) per ounce silver and a Canadian-dollar/U.S.-dollar exchange rate of $1 (Canadian) to 72 U.S. cents) (1).

Qualified person

The technical and scientific information in this news release has been reviewed and approved by Robin Hopkins, PGeol (Northwest Territories/Nunavut), vice-president, exploration, for Westhaven and a qualified person for the company under the definitions established by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

(1) See Westhaven's news release, entitled "Westhaven Announces Updated Preliminary Economic Assessment for the Shovelnose Gold Project, British Columbia," and dated March 3, 2025.

We seek Safe Harbor.