Westhaven Announces Voting Results from 2025 Annual General Meeting
TSX-V:WHN
WESTHAVEN ANNOUNCES VOTING RESULTS FROM 2025 ANNUAL
GENERAL MEETING
Vancouver, B.C. – June 24, 2025 – Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce
the voting results from the Company’s Annual General Meeting of Shareholders held on June 24,
2025.
The shareholders approved all motions put forth at the Meeting including the re-appointment of
Smythe LLP, Chartered Professional Accountants, as the Company's independent auditors, and
the Company's 2025 Equity Incentive Plan. The shareholders re-elected Hannah McDonald, Paul
McRae, Victor Tanaka, Eira Thomas and Gareth Thomas to the Company's Board of Directors.
A total of 57,565,137 common shares were voted, representing the votes attached to 30.57% of
all outstanding common shares.
The votes cast were as follows:
Resolution For % Withheld/Against %
Number of Directors 99.55 0.45
Eira Thomas 99.60 0.40
Gareth Thomas 99.28 0.72
Victor Tanaka 99.47 0.53
Paul McRae 98.59 1.41
Hannah McDonald 99.49 0.51
Appointment of Auditors 99.65 0.35
Equity Incentive Plan 99.13 0.87
Other Business 97.98 2.02
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.
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.
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
advance property, with a recently updated 2025 Preliminary Economic Assessment that validates
the Project’s potential as a robust, low co st and high margin 11 -year underground gold mining
opportunity with average annual life -of-mine gold production of 56,000 ounces and having a
Cdn$454 million after- tax NPV6% 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 $0.72). Initial capital costs are
projected to be Cdn$184 million with a payback period of 2.1 years. Please see Westhaven’s news
release dated March 3, 2025 for details of the updated PEA. Shovelnose is situated off a major
highway, near power, rail, large producing mines, pipelines and within commuting distance from
the city of Merritt, which result in lower cost exploration and development.
Qualified Person: The technical and scientific information in this news release has been reviewed
and approved by Peter Fischl, P.Geo, who is a Qualified Person for the Company under the
definitions established by National Instrument 43 -101 Standards of Disclosure for Mineral
Projects.
Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN. For further
information, please call 604-681-5558 or visit Westhaven’s website at www.westhavengold.com.
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 results of the Preliminary Economic Assessment, the Mineral Resourc e
Estimate future planned activities, future mineral production and future growth potential for the Company
and its projects, the interpretation of preliminary results from exploration undertaken to date at
Shovelnose using various exploration techniques and analysis; statements with respect to potential styles
of epithermal mineralization at the Shovelnose Project; and the possibility that the Company’s Shovelnose
project may host multiple gold bearing epithermal systems; . 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 anti cipate", 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 analysi s. 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.