Westhaven Gold Corp V.WHN

Alternate Symbol(s): WTHVF

Metals & Mining Gold

Westhaven Gold Corp. is a Canada-based gold-focused exploration company advancing the high-grade discovery on the Shovelnose project in Canada's newest gold district, the Spences Bridge Gold Belt. The Company controls approximately 60,950 hectares with four gold properties spread along this underexplored belt. Its projects include Shovelnose Gold, Prospect Valley Gold, Skoonka Creek Gold and Skoonka North. The Shovelnose gold property consists of approximately 45 contiguous mineral claims encompassing 41,623 hectares (ha). The Prospect Valley (PV) Gold Property is located roughly 30 kilometers to the west of Merritt, British Columbia and is situated in the Spences Bridge Gold Belt (SBGB) and covers approximately 10,927 ha. The Company owns a 100% interest in the Skoonka Creek project, which is situated near the northern end of the SBGB. The Skoonka North Property consists of three contiguous mineral claims encompassing approximately 6,167 hectares wholly owned by the Company.

TSXV:WHN - Post by User

Westhaven Gold Corp

Bullboard Posts

Comment by cicerellion Sep 17, 2019 4:17pm

134 Views

Post# 30137190

RE:I like that the directors and officers can buy this up ;)

I’m thinking it’s a gift-of-sorts to the new IR guy, giving him, as well as others, a chance to load up.

Bullrun wrote:
If they buy this up?? Watch out, that means great news coming...

To me it’s like about a 10% dilution on the stock, but we would have about 10 million in the bank!

Any comments crew?

Existing directors and officers of Westhaven may choose to participate in the private placement. Participation of insiders of the company in the private placement constitutes a related-party transaction as defined under Multilateral Instrument 61-101. Because the company's shares trade only on the TSX Venture Exchange, the issuance of securities is exempt from the formal valuation requirements of Section 5.4 of MI 61-101 pursuant to Subsection 5.5(b) of MI 61-101 and exempt from the minority approval requirements of Section 5.6 of MI 61-101 pursuant to Subsection 5.7(a) of MI 61-101.