Westhaven Shareholders Approve the Proposed $85 Million Earn-In Transaction With Dundee

Core Viewpoint - Westhaven Gold Corp. has successfully obtained shareholder approval for the Earn-In Transaction with Dundee Corporation, indicating strong support for the company's strategic direction and future growth potential [1][2]. Shareholder Approval - The ordinary resolution for the Earn-In Transaction received overwhelming support, with 99.69% of votes in favor from shareholders present or represented by proxy at the special meeting [2]. - A total of 86,911,531 common shares were represented at the meeting, accounting for approximately 35% of the total issued and outstanding common shares as of the record date [2]. Earn-In Transaction Details - Further information regarding the terms of the Earn-In Transaction can be found in the management information circular dated January 9, 2026, available on the company's SEDAR+ profile [3]. - The transaction is still subject to final approval from the TSX Venture Exchange [3]. Company Overview - Westhaven Gold Corp. focuses on gold and silver exploration and development, targeting high-grade epithermal mineralization in the Spences Bridge Gold Belt, British Columbia [4]. - The company controls approximately 60,263 hectares across four gold properties in this underexplored region [4]. Shovelnose Gold Project - The Shovelnose Gold project is highlighted as the most advanced property, featuring a Preliminary Economic Assessment that supports its potential as a low-cost, high-margin underground mining opportunity [5]. - The project is projected to have an average annual life-of-mine production of 56,000 ounces of gold and 313,000 ounces of silver, with an after-tax net present value of CDN$454 million at a 6% discount rate and an internal rate of return (IRR) of 43.2% based on base case parameters [5].