Northwire Canada EditionWednesday, November 11, 2026
Northwire
⌕
Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
M&A / Property

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

WHN · Price

Executive Summary

  • Westhaven Gold Corp. shareholders approved the Earn-In Transaction with Dundee Corporation at a special meeting held on February 17, 2026.
  • The resolution received overwhelming support, with 99.69% of votes cast in favor by shareholders present in person or by proxy.
  • The transaction remains subject to final regulatory approval from the TSX Venture Exchange.

Key Details

  • Shareholder Approval: The ordinary resolution approving the Earn-In Transaction was approved by 99.69% of the votes cast.
  • Voting Participation: A total of 86,911,531 common shares were represented at the meeting, representing approximately 35% of the total issued and outstanding common shares as of the record date.
  • Transaction Status: The Earn-In Transaction is contingent upon final approval from the TSX Venture Exchange.
  • Reference Documentation: Terms of the Earn-In Transaction are detailed in the Company’s management information circular dated January 9, 2026, available via SEDAR+.
  • Company Profile: Westhaven Gold Corp. is a gold and silver exploration and development company targeting epithermal style mineralization in the Spences Bridge Gold Belt, British Columbia, controlling ~60,263 hectares across four properties.
  • Project Update (Shovelnose Gold Project): The most advanced property features a 2025 Preliminary Economic Assessment (PEA) validating an 11-year underground mining opportunity with:
    • Average annual life-of-mine production: 56,000 oz gold and 313,000 oz silver.
    • After-tax Net Present Value (6% discount rate): CDN$454 million.
    • Internal Rate of Return (IRR): 43.2%.
    • Base case parameters: US$2,400/oz gold, US$28/oz silver, and CDN$1.00 = US$0.72 exchange rate.

Notable Quotes

  • Ken Armstrong, President & CEO: (No direct quote provided in the text, only signature).
Read the original news release →

More from Westhaven Gold Corp.