Business
Headwater Gold Commences Trading and Outlines Corporate Strategy
Vancouver, British Columbia – TheNewswire - June 8, 2021 - Headwater Gold Inc. (CSE:HWG) (CNSX:HWG.CN) (the "Company" or "Headwater") is pleased to announce tha
About this update from Headwater Gold, Inc.
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - June 8, 2021 - Headwater Gold Inc. (CSE:HWG) (CNSX:HWG.CN) (the \"Company\" or \"Headwater\") is pleased to announce that its common shares will begin trading on the Canadian Securities Exchange (the “CSE”) at the open of market on June 8, 2021 under the symbol “HWG”. Company Highlights: Focused on the discovery of high-grade precious metal deposits in the Great Basin region of the mining friendly Western United States; Technically-driven management team composed of geoscientists with diverse exploration, mining, and capital market backgrounds; Strong Board of Directors including Alistair Waddell, Caleb Stroup, Wendell Zerb, Graeme Currie, and Tero Kosonen; Well-funded with $4.65 million cash and an additional portfolio of marketable securities with a current market value of approximately $1.14 million as of June 7th, 2021; 49.7 million shares outstanding, no warrants, and approximately 41% insider and close associate ownership; Large portfolio of 100%-owned projects, internally generated by the Company through a disciplined, methodical exploration approach; Experienced US based technical team, combining quality geoscience with an aggressive “boots on the ground” approach. Three members of the core team hold a doctorate in geologic sciences. Caleb Stroup, President and CEO of Headwater Gold Inc., commented “We are very excited to enter this next phase as a company and I would like to thank our shareholders for their support over the last two years. With a large portfolio of 100% owned, high-quality exploration projects and an excellent team, we are staged to make Headwater a great success. Our strong cash position of approximately $4.65 million puts the Company in a great position to execute an exciting 2021 exploration program in the Western USA.” Corporate Strategy: Headwater is focused on exploring for high-grade epithermal vein deposits in the mining friendly western United States with a particular focus on Nevada, Idaho, and eastern Oregon. The Company is specifically targeting epithermal deposits which are among the highest-grade and most profitable gold deposits in the world. The Headwater team uses a boots on the ground approach, combined with quality, cutting-edge geoscience to generate new exploration concepts and projects. The Company is focused on explorin...