WestGold Metals Corp. Divests Isoneva Option to Jesmond Capital
On 13 September 2026 WestGold Metals Corp. (CSE: WGM; OTCQB: WGMTF; FSE: V0U) entered into a binding option‑acquisition agreement with Jesmond Capital Ltd. (Jesmond). Under the agreement, WestGold transferred all rights, title, and benefit in its option to acquire a 100 % interest in the Isoneva Gold Property located in Finland to Jesmond. The transaction was disclosed in a series of press releases issued on 15 September 2026, including coverage by StockWatch, Seeking Alpha, TheNewswire, and OTCMarkets.
The divestiture is described as part of WestGold’s strategic transition to a focused North American exploration model. The company’s management indicated that the sale of the Isoneva option will allow it to concentrate resources on projects within its primary operating jurisdictions in the United States and Canada.
Financial details of the transaction were not disclosed. The agreement is classified as a significant transaction under the Canadian Securities Exchange (CSE) rules; a Form 10 notice of the transaction was filed on 15 September 2026. The notice reported that WestGold had 83,119,248 outstanding shares at the time of the transaction.
No immediate impact on WestGold’s share price has been reported in the brief interval following the announcement. The company’s most recent closing price (14 May 2026) was CAD 0.115, with a 52‑week high of CAD 0.15 and a 52‑week low of CAD 0.055.
WestGold’s announcement was corroborated by statements from Jesmond Capital, which confirmed its acquisition of the Isoneva option. The transaction is expected to complete without further regulatory filings beyond those required for the CSE Form 10 notice.
