Mr. Ken Armstrong reports
WESTHAVEN ENGAGES SAN DIEGO TORREY HILLS CAPITAL FOR INVESTOR RELATIONS
Westhaven
Gold Corp. has entered into an initial three-month investor relations agreement, effective April 1, 2026, with San Diego Torrey Hills Capital (SDTHC), a United States-based investor relations and corporate communications firm.
Under the terms of the agreement, the company will pay SDTHC a monthly cash fee of $7,000 (U.S.) and will reimburse certain expenses incurred by SDTHC in the performance of the services. Following an initial three-month term, the agreement will be automatically extended for an indefinite term unless terminated by either party with 30 days of prior written notice. The engagement of SDTHC is intended to support Westhaven's expanding U.S. capital markets presence following its recent OTCQB listing. SDTHC will assist the company in strengthening investor awareness, co-ordinating virtual and in-person non-deal road shows, facilitating institutional outreach, and enhancing communications across North American markets. SDTHC is at arm's length to the company and, to the company's knowledge, does not hold any securities of Westhaven as of the date of this release.
San Diego Torrey Hills Capital was formed in 1998 and is headquartered in Rancho Santa Fe, Calif. The firm provides investor relations, corporate communications, market visibility strategies and U.S. capital markets advisory services to emerging growth companies listed in Canada and the United States.
The SDTHC agreement is subject to approval by the TSX Venture Exchange. The services to be provided are subject to compliance with the policies and guidelines of the TSX-V and other applicable legislation.
About Westhaven Gold Corp.
Westhaven is a gold- and silver-focused exploration and development company targeting low-sulphidation, high-grade, epithermal style gold and silver mineralization within the Spences Bridge gold belt in Southern British Columbia. Westhaven controls approximately 60,263 hectares within four gold properties spread along this underexplored belt.
The Shovelnose gold project is the most advanced property, with a 2025 updated preliminary economic assessment that validates the project's potential as a robust, low-cost and high-margin 11-year underground gold mining opportunity with average annual life-of-mine production of 56,000 ounces gold and 313,000 ounces silver with a $454-million after-tax net present value (at a 6-per-cent discount rate) and 43.2-per-cent IRR (internal rate of return) (base case parameters of $2,400 (U.S.) per ounce gold, $28 (U.S.) per ounce silver and Canadian dollar/U.S. dollar exchange rate of $1 (Canadian):72 U.S. cents.
On Feb. 23, 2026, Westhaven closed a strategic earn-in agreement with Dundee Corp., whereby Dundee may earn up to a 60-per-cent interest in Westhaven's four Spences Bridge gold belt properties through up to $85-million in staged project expenditures. Under the first phase, Dundee has committed a minimum of $30-million, inclusive of a fully financed 50,000-metre drill program at Shovelnose, that is currently under way and expected to continue through the remainder of 2026. The agreement allows for the accelerated exploration and evaluation of one of Canada's most compelling, undeveloped, high-margin gold and silver assets.
Qualified person
The technical and scientific information in this news release has been reviewed and approved by Robin Hopkins, PGeo (NT/NU), vice-president, exploration, for Westhaven and a qualified person for the company under the definitions established by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.
We seek Safe Harbor.
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