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10% holder selling at Gowest Gold (V:GWA)

Updated Tuesday Aug 23, 2022 02:26 AM EDT

Fortune Future Holdings Limited, a 10% Holder, disposed of 17,777,777 Common Shares on a direct ownership basis at a price of $0.350 through a private transaction on August 18th, 2022. This represents a $6,222,222 divestment of the company's shares and an account share holdings change of -56.8%.

Gowest Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Gowest Gold Ltd. is a Canada-based gold exploration and development company that is focused on the delineation and development of its wholly owned Bradshaw Gold Deposit (Bradshaw), on the Frankfield Property, part of its North Timmins Gold Project (NTGP). The Company is exploring additional gold focused on its approximately 100-square-kilometer NTGP land package and continues to evaluate the area, which is part of the prolific Timmins, Ontario gold camp. The Bradshaw contains a National Instrument 43-101 Indicated Resource estimated at approximately 2.1 million tons (t) grading over 6.19 grams per ton gold (g/t Au) containing over 422 thousand ounces (oz) Au and an Inferred Resource of over three million t grading six g/t Au containing approximately 755 thousand oz Au. The Bradshaw contains Mineral Reserves in the probable category, using over three g/t Au cut-off.

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Go to Gowest Gold Ltd. (GWA)'s company page

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Gowest Gold Ltd.

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