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.

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