Westgold Resources Ltd (TSX:WGX)
C$ 2.53 -0.04 (-1.56%) Market Cap: 2.42 Bil Enterprise Value: 2.25 Bil PE Ratio: 14.08 PB Ratio: 1.91 GF Score: 62/100

Westgold Resources Ltd And Karora Resource Inc Agreed to Combine in a Merger Pursuant - M&A Call Transcript

Apr 08, 2024 / 01:00AM GMT
Unidentified Company Representative

Good morning, everybody, and welcome to the conference call for the Westgold and Karora merger. Your speakers today are Wayne Bramwell, MD and CEO of Westgold; Paul Huet, Executive Chairman and Managing Director of Karora; He is joined by Oliver Turner Executive Vice President of Corporate Development.

I'll now hand you over to Wayne.

Wayne Bramwell Westgold Resources Limited;MD;CEO

&

Thanks, Shane, and welcome, everyone, to today's webinar. As Shane said, I've got Executive Chair and CEO, Paul Huet and in Toronto online, and Oliver Turner, Executive Corporate Development. We'll dive straight into today's presentation, and this is an important day in terms of building a new 400,000 ounce per annum Australian gold producer.

Straight to slide 6. This merger has scale. It has funding. It's got enhanced capability and most critically, the expanded business is fully leveraged to the Gulf Coast together, bringing Karora and Westgold together is makes perfect sense to me. We bring together a third

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