Aurwest Reports Third Quarter 2024 Financial Results and Upcoming Shareholder Meeting

Aurwest Resources Corporation has released its financial and operational results for Q3 2024, noting a significant 61% reduction in operating costs, dropping to $62,752 compared to the same period the previous year. The company's net loss for the quarter equaled its operating costs, set at $62,752, translating to $0.00 per share. Cash used in operations stood at a negative $83,962 over nine months, with investing activities accounting for a negative $4,816, primarily due to exploration ventures. The consolidated cash position as of September 30, 2024, was $11,853.

Post-quarter, Aurwest has announced a Purchase & Sale Agreement to sell its Stars Property to Interra Copper Corp. for $1.1 million, pending shareholder approval. Meeting materials for this transaction are accessible online, with a special shareholder meeting scheduled for December 10, 2024. Due to a Canada Post strike, shareholders are urged to vote electronically to ensure their voices are counted.