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Westgold Resources Ord Shs T.WGX

Alternate Symbol(s):  WGXRF

Metals & Mining Gold
Westgold Resources Limited is a mid-tier gold producer and international gold company. The Company is engaged in the exploration, development and operation of gold mines, primarily in Western Australia. The Company owns and operates all of its underground and open pit mines. Its operations include Murchison Operations, Meekatharra Gold Operations (MGO), Cue Gold Operations (CGO), Bryah Operations, Higginsville Gold Operations, Spargos Gold Mine, Beta Hunt Mine, and Lakewood Gold Mill. The Murchison Operations are located around the regional towns of Meekatharra and Cue in the mid-west region of Western Australia and incorporate the Meekatharra and Cue Gold Operations. MGO is located around the regional town of Meekatharra and encompasses assets, including the historic gold mining centres of Meekatharra North, Paddy’s Flat, Yaloginda, Nannine and Reedy’s. CGO is located around the regional town of Cue and encompasses Westgold’s southern group of Murchison assets.


TSX:WGX - Post by User

Westgold Resources Ord Shs > CIBC Investors
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Post by grampax5on Aug 13, 2024 9:21pm
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Post# 36177744

CIBC Investors

CIBC Investors
@Grampax5 Hi everyone I have a question and not sure if I have an issue with my funds/shares over the merger so hoping for some feedback. At the time of the merger I had the following in my account. Shares 5145, Average Cost $4.40, Total Cost $22,638, Market Value 35,706.30, Gain/Loss “gain $13,068.30 gain”. Now I did ask Krr and my CIBC Broker. What happens to my gain funds from this account when the merger happens. What I was told was Du I Don’t Know by everyone. Now I’m short $13.068.30 after the merger. I did get the shares and the 0.30c cash that was just over $3,k. Can anyone explain this to me I would appreciate any input that might help. Had I known this would happen I would have sold enough shares to have kept these funds in my control and used this to have purchased more shares after the merger. I’m going to contact CIBC Investors again but hoping for some input. Thank You
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