August 7, 2024
Westgold Resources Ltd. (TSX:WGX, Not Rated, Ron Stewart) announced that its shares began trading on the TSX on August 6, 2024. It now trades on both the TSX and ASX, providing it with increased liquidity potential and likely demand from index funds. The listing follows Westgold’s recent merger with Karora, which has resulted in it becoming one of the top five Australian Au producers with an expected annual production of >400k oz Au (read notable). We expect the merger to be beneficial for shareholders of both companies as new Westgold is likely to be a cost-conscious producer with a desire to provide cash dividends to shareholders while capitalizing on considerable organic growth prospects. Read more
Company Specific Disclosure Details
Westgold Resources Ltd. – TSXV:WGX
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