Westhaven Gold Celebrates Resolution of Former CFO's Case
Westhaven Gold Corp. Updates on Former CFO's Legal Resolution
Westhaven Gold Corp. (TSXV: WHN) has announced a significant development concerning its former Chief Financial Officer, Shaun Pollard. The legal proceedings initiated against him, which centered around alleged violations of the Securities Act, have been officially stayed, effectively terminating the prosecution.
Background of the Case
The allegations against Mr. Pollard stemmed from events that occurred back in September 2018. However, it is essential to note that the company itself faced no similar accusations, nor were any claims made against its directors or current management team. This vital distinction underscores the company's commitment to maintaining integrity within its operations.
Company's Response
Eira Thomas, the Chairperson of Westhaven Gold, expressed relief over the outcome of this protracted legal process. She remarked, "We are relieved that the protracted legal process concerning our former CFO, Shaun Pollard has now been resolved with an outcome that reflects his steadfast position throughout." Mrs. Thomas extended her best wishes to Mr. Pollard and his family, encouraging them to move forward into future opportunities.
Future Directions for Westhaven Gold
With this chapter behind them, Westhaven Gold is determined to refocus its efforts on advancing exploration projects designed to bring value to its shareholders. The company's leadership emphasizes a continual commitment to uphold high standards of corporate governance and regulatory compliance in all operations.
Commitment to Stakeholders
Westhaven Gold recognizes the importance of transparency and accountability. As they evaluate future possibilities, ensuring that shareholder interests are at the forefront of their decision-making remains a top priority. With the resolution of past issues, the company is keen on exploring new ventures in the mining sector, leveraging the skills and experience of its team.
Contact Information
For any inquiries related to this announcement, Ken Armstrong, the President and CEO, is readily available to provide further insights. He can be contacted at 604-681-5558.
Frequently Asked Questions
What was the outcome of the legal proceedings against Shaun Pollard?
The legal proceedings were stayed, effectively terminating the prosecution against Shaun Pollard.
Did Westhaven Gold face similar allegations?
No, there were no allegations made against the company or any of its current directors or officers.
Who is the Chairperson of Westhaven Gold?
Eira Thomas serves as the Chairperson of Westhaven Gold.
What is Westhaven Gold's focus moving forward?
Westhaven Gold aims to advance its exploration programs and create value for its shareholders while maintaining high standards of governance.
How can I contact Westhaven Gold for more information?
For inquiries, you can reach out to Ken Armstrong, President and CEO, at 604-681-5558.
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