05:14:11 EDT Fri 24 Apr 2026
Enter Symbol
or Name
USA
CA



Westward Gold Inc
Symbol WG
Shares Issued 229,258,083
Close 2026-04-23 C$ 0.075
Market Cap C$ 17,194,356
Recent Sedar+ Documents

Westward Gold adopts semi-annual financial reporting

2026-04-23 22:22 ET - News Release

Mr. Andrew Nelson reports

WESTWARD GOLD ANNOUNCES ADOPTION OF SEMI-ANNUAL REPORTING

Westward Gold Inc. has adopted a semi-annual financial reporting (SAR) framework, effective immediately. This news release is being issued and filed pursuant to British Columbia Securities Commission Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (CBO 51-933). CBO 51-933 allows eligible venture issuers to voluntarily move from a quarterly to a semi-annual financial reporting framework. The company's fiscal year ends on March 31. Under the provisions of CBO 51-933, the company will be exempt from the requirements to file Q1 (first quarter) and Q3 (third quarter) financial statements and associated management's discussion and analysis (MD&A) for so long as it continues to meet eligibility criteria under CBO 51-933. Accordingly, Westward will not be filing its interim financial statements and associated MD&A for the three months ended June 30, 2026. The company will also not be required to file any interim financial statements and associated MD&A for any subsequent quarters ended June 30 and Dec. 31 in each financial year.

Andrew Nelson, Westward chief financial officer, noted: "The decision to transition to semi-annual reporting is consistent with Westward's commitment to capital management and efficiency; this will enable our small team to focus on core business activities while reducing certain overhead costs, including professional and legal fees, and regulatory filing expenses. As an exploration-stage, non-revenue-generating company, we believe semi-annual reporting will continue to provide adequate disclosure to investors as to our financial standing. Updating the market regarding project advancement, operations and strategic developments will remain a top priority for Westward."

Commitment to timely disclosure

The company remains committed to timely disclosure and transparency via news releases, material change reports, and all other regulatory and securities exchange requirements, to ensure that investors remain informed between reporting periods. SAR adoption will not impact the company's obligations to provide timely and comprehensive disclosure of any material events.

About Westward Gold Inc.

Westward Gold is a mineral exploration company focused on developing the Toiyabe Hills project, located in the Cortez trend area of Lander county, Nevada, and the Coyote and Rossi projects located along the Carlin trend in Elko county, Nevada. From time to time, the company may also evaluate the acquisition of other mineral exploration assets and opportunities.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.