Westgold Resources has officially commenced trading on the Toronto Stock Exchange (TSX) under the ticker symbol WGX.
TSX is a stock exchange located in Toronto, Ontario, Canada. It is one of the top 10 largest stock exchanges in the world.
By trading on the Canadian platform, Westgold aims to have an enhanced capital markets profile by being listed on both the TSX and ASX.
The listing follows the merger between Westgold and Karora Resources being officially implemented on August 1, under which Westgold acquired 100 per cent of the issued and outstanding shares of Karora.
Through the acquisition, Westgold gained ownership over Karora’s Beta Hunt and Higginsville gold mines, which are nestled in the same region of Western Australia as Westgold’s iconic Bluebird and Great Fingall mines. Westgold also took over Karora’s Lakewood gold mill near Kalgoorlie, WA.
“The merger with Karora creates an ASX and TSX listed, mid-tier…
