VANCOUVER - Westhaven Gold Corp. (TSX-V:WHN), a junior mining company with a market capitalization of $25.38 million, announced Tuesday that shareholders approved all motions at the company’s Annual General Meeting, including the re-appointment of Smythe LLP as independent auditors and the 2025 Equity Incentive Plan. According to InvestingPro analysis, the stock currently trades below its Fair Value, suggesting potential upside opportunity.

Shareholders re-elected Hannah McDonald, Paul McRae, Victor Tanaka, Eira Thomas, and Gareth Thomas to the company’s Board of Directors. The voting turnout represented 30.57% of all outstanding common shares, with 57,565,137 common shares voted.

All resolutions received strong support, with approval percentages ranging from 97.98% to 99.65%. The re-appointment of auditors received 99.65% approval, while the Equity Incentive Plan garnered 99.13% support.

Westhaven Gold controls approximately 61,512 hectares within four gold properties in the Spences Bridge Gold Belt in southern British Columbia. The company’s most advanced asset is the Shovelnose Gold project, which according to a recently updated Preliminary Economic Assessment, shows potential for an 11-year underground gold mining operation with projected average annual production of 56,000 ounces. The stock has shown strong momentum, posting a 47.62% return over the past six months, with InvestingPro data revealing a relatively low beta of 0.53, indicating lower volatility compared to the broader market.

The Shovelnose project is located near infrastructure including major highways, power, and rail, and within commuting distance from Merritt, British Columbia.

Ken Armstrong, President and CEO, was responsible for the press release statement on which this article is based.

Westhaven Gold trades on the TSX Venture Exchange under the ticker symbol WHN. Despite recent market challenges, the company maintains a GOOD overall Financial Health Score of 2.62 according to InvestingPro, which offers additional insights through 6 more ProTips and comprehensive financial metrics for informed investment decisions.

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