Westgold Resources Limited (WGX) – $25.7m Divestment of the Chalice Gold Project to Corazon Mining Limited

Argonaut acted as Financial Advisor to Westgold on the transaction which marks the completion of the company’s non-core asset sales under its broader portfolio optimisation strategy, delivering upfront cash consideration, ongoing exposure through a strategic equity position in Corazon, and additional deferred milestone-based payments linked to future project development success.

Congratulations to MD & CEO Wayne Bramwell, Chief Growth Officer Simon Rigby and the entire Westgold team on the transaction. Argonaut’s advisory team was led by Greg Southee and Bryce Denysiuk.

For more information, visit the Westgold website here.