Westhaven Announces Voting Results From 2025 Annual General Meeting

VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce the voting results from the Company’s Annual General Meeting of Shareholders held on June 24, 2025.

The shareholders approved all motions put forth at the Meeting including the re-appointment of Smythe LLP, Chartered Professional Accountants, as the Company's independent auditors, and the Company's 2025 Equity Incentive Plan. The shareholders re-elected Hannah McDonald, Paul McRae, Victor Tanaka, Eira Thomas and Gareth Thomas to the Company's Board of Directors.

A total of 57,565,137 common shares were voted, representing the votes attached to 30.57% of all outstanding common shares.

The votes cast were as follows:

Resolution	For %	Withheld/Against %
Number of Directors	99.55	0.45
Eira Thomas	99.60	0.40
Gareth Thomas	99.28	0.72
Victor Tanaka	99.47	0.53
Paul McRae	98.59	1.41
Hannah McDonald	99.49	0.51
Appointment of Auditors	99.65	0.35
Equity Incentive Plan	99.13	0.87
Other Business	97.98	2.02

On behalf of the Board of Directors

WESTHAVEN GOLD CORP.

“Ken Armstrong”

Ken Armstrong, President and CEO, is responsible for this news release and can be reached at 604-681-5558.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Westhaven Gold Corp.

Westhaven is a gold-focused exploration and development company targeting low sulphidation, high-grade, epithermal style gold mineralization within the Spences Bridge Gold Belt in southern British Columbia. Westhaven controls ~61,512 hectares (~615 square kilometres) within four gold properties spread along this underexplored belt. The Shovelnose Gold project is the most advance property, with a recently updated 2025 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 gold production of 56,000 ounces and having a Cdn$454 million after-tax NPV_6% and 43.2% IRR (base case parameters of US$2,400 per ounce gold, US$28 per ounce silver and CDN/US$ exchange rate of $0.72). Initial capital costs are projected to be Cdn$184 million with a payback period of 2.1 years. Please see Westhaven’s news release dated March 3, 2025 for details of the updated PEA. Shovelnose is situated off a major highway, near power, rail, large producing mines, pipelines and within commuting distance from the city of Merritt, which result in lower cost exploration and development.