Westhaven Announces Special Meeting Materials Now Available
Westhaven Announces Special Meeting Materials Now Available
VANCOUVER, British Columbia, Jan. 14, 2026 -- Westhaven Gold Corp. (TSX-V: WHN) (“Westhaven” or the “Company”)
announces that materials, including a Management Information Circular (the “ Circular”) for the upcoming special meeting of
shareholders (the “Meeting ”), scheduled for February 17, 2026, have been mailed to shareholders of record as of December
30, 2025 (“Westhaven Shareholders ”), and filed under the Company’s profile on Sedar+ (www.sedarplus.ca).
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 Corporation (“ Dundee”)
pursuant to which the Company will dispose of an up to 60% interest in its Shovelnose Gold Project, Prospect Valley Gold
Project, Skoonka Gold Project and Skoonka North Project to Dundee (the “ Transaction Resolution ”), as more particularly
described in the Circular, and as initially announced in Westhaven’s news release dated December 22, 2025.
The Meeting will be held in person at 1133 Melville Street, Suite 3500, The Stack, Vancouver, British Columbia, V6E 4E5 on
Tuesday, February 17, 2026, at 10:00 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 10:00 a.m. (Vancouver time) on February 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+ at www.sedarplus.ca and on the Company's website
at https://westhavengold.com/investors/special-shareholder-meeting/.
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 ~61,512 hectares
(~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 CDN$454 million after-tax net
present value (at a 6% discount rate) and 43.2% IRR (base case parameters of US$2,400 per ounce gold, US$28 per ounce
silver and CDN/US$ exchange rate of CDN$1.00=US$0.72).1
Qualified Person
The technical and scientific information in this news release has been reviewed and approved by Robin Hopkins, P.Geol.
(NT/NU), 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.
ON BEHALF OF THE BOARD OF DIRECTORS
WESTHAVEN GOLD CORP.
“Ken Armstrong”
Ken Armstrong, President and CEO, is responsible for this news release and can be reached at 604-681-5558. Westhaven
trades on the TSX Venture Exchange under the ticker symbol WHN.
For further information, please contact:
Kaeli Gattens
Vice President Communications
Email: [email protected]
Phone: 604-681-5558
Website: www.westhavengold.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.
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable securities legislation. These forward
-looking statements are made as of the date of this news release and Westhaven does not intend, and does not assume any
obligation, to update these forward-looking statements, except as required by law.
Forward-looking statements in this news release may include, but are not limited to, statements with respect to the delivery of
meeting materials, the date and time of the Meeting and the items of business at the Meeting.
In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved".
Forward-looking statements are based on the opinions and estimates of management as of the date such statements are
made, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to
be materially different from those expressed or implied by such forward-looking statements or forward-looking information.
Assumptions have been made regarding, among other things, the price of gold and other precious metals; costs of exploration
and development; the estimated costs of development of exploration projects; the Company’s ability to operate in a safe and
effective manner and its ability to obtain financing on reasonable terms. Although management of Westhaven Gold Corp.
have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-
looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated,
estimated or intended.
Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different
from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or
forward-looking information. Such factors include, without limitation: the Company's dependence on one group of mineral
projects; precious metals price volatility; regulatory, consent or permitting delays; risks relating to reliance on the Company's
management team and outside contractors; risks regarding mineral resources and reserves; the Company's inability to obtain
insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to
generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns
inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and
operating costs of such projects; laws and regulations governing the environment, health and safety; operating or technical
difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the
Company's interactions with surrounding communities; the speculative nature of exploration and development, including the
risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and
officers; and the factors identified under the caption “Risk Factors” in the Company’s management discussion and analysis.
Mineral exploration involves a high degree of risk and few properties, which are explored, are ultimately developed into
producing mines. There can be no assurance that such forward-looking statements or information will prove to be accurate, as
actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any
forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by
applicable securities laws.
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1 See Westhaven's news release entitled "Westhaven Announces Updated Preliminary Economic Assessment for the
Shovelnose Gold Project, British Columbia" and dated March 3rd, 2025.