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Westgold Resources (WGX) Opens the Market

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Westgold Resources (TSX: WGX), a leading unhedged gold producer, has marked its new listing on the Toronto Stock Exchange by opening the market. The company, led by Managing Director and CEO Wayne Bramwell, boasts assets capable of producing over 400,000 ounces annually. Westgold's operations are centered in Western Australia, where it holds 3,200 km² of highly prospective land.

The company's portfolio includes seven mines and five processing plants, positioning it for significant organic growth. Following a recent merger, Westgold anticipates potential for index inclusion, which could lead to increased shareholder returns. With its extensive land holdings and robust infrastructure, Westgold is well-positioned to capitalize on exploration opportunities and expand its production capacity.

Westgold Resources (TSX: WGX), un produttore d'oro senza copertura di primo piano, ha inaugurato la sua nuova quotazione alla Borsa di Toronto aprendo il mercato. L'azienda, guidata dal Direttore Generale e CEO Wayne Bramwell, possiede risorse capaci di produrre oltre 400.000 once all'anno. Le operazioni di Westgold sono concentrate in Australia Occidentale, dove detiene 3.200 km² di terreni di elevato potenziale.

Il portafoglio dell'azienda include sette miniere e cinque impianti di trattamento, posizionandola per una significativa crescita organica. Dopo una recente fusione, Westgold prevede la possibilità di inclusione negli indici, il che potrebbe portare a un aumento dei rendimenti per gli azionisti. Con i suoi ampi terreni e una robusta infrastruttura, Westgold è ben posizionata per capitalizzare sulle opportunità di esplorazione e aumentare la sua capacità produttiva.

Westgold Resources (TSX: WGX), un productor de oro sin cobertura de primer nivel, ha marcado su nueva cotización en la Bolsa de Toronto abriendo el mercado. La compañía, liderada por el Director General y CEO Wayne Bramwell, cuenta con activos capaces de producir más de 400,000 onzas anuales. Las operaciones de Westgold se centran en Australia Occidental, donde posee 3,200 km² de tierras altamente prospectivas.

El portafolio de la empresa incluye siete minas y cinco plantas de procesamiento, posicionándola para un crecimiento orgánico significativo. Tras una reciente fusión, Westgold anticipa posibilidades de inclusión en índices, lo que podría llevar a un aumento en los retornos para los accionistas. Con sus extensas tenencias de tierra y una infraestructura sólida, Westgold está bien posicionada para capitalizar las oportunidades de exploración y expandir su capacidad de producción.

Westgold Resources (TSX: WGX), 선도적인 헤지 없는 금 생산자,는 토론토 증권 거래소새로운 상장을 기념하여 시장을 열었습니다. CEO인 Wayne Bramwell의 이끌림 아래, 이 회사는 연간 400,000온스 이상 생산할 수 있는 자산을 보유하고 있습니다. Westgold의 운영은 서호주에 중점을 두고 있으며, 3,200 km²의 높은 잠재력을 지닌 토지를 보유하고 있습니다.

회사의 포트폴리오는 7개의 광산과 5개의 가공 공장을 포함하여 유의미한 유기적 성장을 위한 위치를 차지하고 있습니다. 최근 합병 이후, Westgold는 인덱스 포함의 가능성을 기대하고 있으며, 이는 주주들에게 더 많은 수익을 가져올 수 있습니다. 광범위한 토지 보유와 강력한 인프라를 바탕으로 Westgold는 탐사 기회를 활용하고 생산 능력을 확장할 수 있는 좋은 위치에 있습니다.

Westgold Resources (TSX: WGX), un producteur d'or non couvert de premier plan, a marqué son nouveau cotation à la Bourse de Toronto en ouvrant le marché. L'entreprise, dirigée par le Directeur Général et PDG Wayne Bramwell, possède des actifs capables de produire plus de 400 000 onces par an. Les opérations de Westgold sont centrées en Australie Occidentale, où elle détient 3 200 km² de terres à fort potentiel.

Le portefeuille de l'entreprise comprend sept mines et cinq usines de traitement, la positionnant pour une croissance organique significative. Suite à une fusion récente, Westgold anticipe un potentiel d'inclusion dans les indices, ce qui pourrait conduire à une augmentation des retours pour les actionnaires. Avec ses vastes terrains et une solide infrastructure, Westgold est bien positionnée pour tirer parti des opportunités d'exploration et élargir sa capacité de production.

Westgold Resources (TSX: WGX), ein führender unhedged Goldproduzent, hat seine neue Notierung an der Toronto Stock Exchange markiert, indem er den Markt eröffnet hat. Das Unternehmen, geleitet von Geschäftsführer und CEO Wayne Bramwell, verfügt über Vermögenswerte, die in der Lage sind, über 400.000 Unzen jährlich zu produzieren. Die Betriebe von Westgold konzentrieren sich auf Westaustralien, wo das Unternehmen 3.200 km² hochgradig prospektives Land besitzt.

Das Portfolio des Unternehmens umfasst sieben Minen und fünf Verarbeitungsanlagen, was es in eine Position für signifikantes organisches Wachstum bringt. Nach einer kürzlichen Fusion erwartet Westgold Potenzial für eine Indizesinclusion, was zu höheren Renditen für die Aktionäre führen könnte. Mit seinen umfangreichen Landbesitz und einer robusten Infrastruktur ist Westgold gut positioniert, um von Erkundungs- und Expansionsmöglichkeiten zu profitieren.

Positive
  • New listing on the Toronto Stock Exchange, potentially increasing visibility and liquidity
  • Annual gold production capacity exceeding 400,000 ounces
  • Extensive land holdings of 3,200 km² in Western Australia with high exploration potential
  • Portfolio of seven mines and five processing plants
  • Recent merger potentially leading to index inclusion and increased shareholder returns
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - September 13, 2024) - Wayne Bramwell, Managing Director and CEO, Westgold Resources (TSX: WGX) ("Westgold" or the "Company"), and his team joined Rob Peterman, Chief Commercial Officer, Toronto Stock Exchange, to celebrate the Company's new listing on the Toronto Stock Exchange and open the market.



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Westgold stands as a premier, unhedged gold producer, boasting assets capable of an annual output exceeding 400,000 ounces. Located in Western Australia, Westgold's extensive 3,200 km² of highly prospective, under-explored land holdings present significant opportunities for discovery and growth. With a robust portfolio comprising seven mines and five processing plants, the company is well-positioned for substantial high-value organic growth. Additionally, following a recent merger, Westgold anticipates excellent rerate potential through index inclusion, setting the stage for elevated shareholder returns in the near term.

MEDIA CONTACT:
Peter Knight
Peter.Knight@westgold.com.au

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223200

FAQ

What is Westgold Resources' (WGXRF) annual gold production capacity?

Westgold Resources has assets capable of producing over 400,000 ounces of gold annually.

Where are Westgold Resources' (WGXRF) operations located?

Westgold Resources' operations are located in Western Australia, where it holds 3,200 km² of highly prospective land.

How many mines and processing plants does Westgold Resources (WGXRF) own?

Westgold Resources owns seven mines and five processing plants.

What recent event did Westgold Resources (WGXRF) celebrate on September 13, 2024?

On September 13, 2024, Westgold Resources celebrated its new listing on the Toronto Stock Exchange by opening the market.

WESTGOLD RESOURCES LTD

OTC:WGXRF

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WGXRF Stock Data

1.79B
467.72M
5.85%
57.15%
Gold
Basic Materials
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United States of America
Perth