Northwire Canada EditionSunday, July 26, 2026
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M&A / Property

Westhaven begins trading on OTCQB Venture Market

WHN · Price

Executive Summary

  • Westhaven Gold Corp. stock commenced trading on the OTCQB Venture Market under the symbol WTHVF on February 9, 2026.
  • The company announced an upcoming special meeting of shareholders on February 17, 2026, to consider an $85-million (Canadian) strategic earn-in and joint venture partnership with Dundee Corp.
  • The listing aims to increase visibility and trading accessibility for U.S. investors while supporting the company's strategy to unlock value in the Spences Bridge gold belt.

Key Details

  • Listing Details: Trading on the OTCQB Venture Market began on February 9, 2026, under the ticker symbol WTHVF.
  • Strategic Partnership: Westhaven is seeking shareholder approval for a $85-million (Canadian) strategic earn-in and joint venture with Dundee Corp.
  • Shareholder Meeting: A special meeting of shareholders is scheduled for February 17, 2026, to vote on the Dundee Corp. partnership.
  • Asset Profile: Westhaven controls approximately 60,263 hectares across four gold properties in the Spences Bridge gold belt in Southern British Columbia.
  • Shovelnose Project Economics (2025 PEA):
    • Production: Average annual life-of-mine production of 56,000 ounces of gold and 313,000 ounces of silver over an 11-year period.
    • Valuation: $454-million (Canadian) after-tax net present value (at a 6% discount rate).
    • IRR: 43.2% internal rate of return.
    • Assumptions: Base-case limits of $2,400 (U.S.) per ounce gold, $28 (U.S.) per ounce silver, and a CAD/USD exchange rate of 0.72.
  • Company Strategy: The OTCQB listing is intended to facilitate participation in near-term catalysts and support the development potential of the Shovelnose gold property.

Notable Quotes

  • "Listing Westhaven on the OTCQB increases our visibility and enhances trading accessibility for U.S. investors, providing a more efficient way to participate in Westhaven's significant growth potential. With several near-term catalysts ahead, including the upcoming Feb. 17, 2026, special meeting of shareholders to consider a $85-million (Canadian) strategic earn-in and joint venture partnership with Dundee Corp., the expanded market presence provided by this OTCQB listing will support the next phase of our strategy to unlock long-term value across the district-scale Spences Bridge gold belt in Southern British Columbia, including the high-margin, low-cost development potential of our Shovelnose gold property." — Ken Armstrong, President and CEO
Read the original news release →

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