The erratic withhold campaign initiated by Resolute Fund's Tom Stanley will introduce unnecessary risk into shareholders' investments in Wesdome In order for shareholders to see long-term value creation at Wesdome it is imperative they stay the course with the strong leadership of the enhanced board the Company has nominated TORONTO, May 30, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) ("Wesdome" or the "Company [...]
Wesdome Gold Mines and Canoe Mining Ventures are pleased to announce that the parties have closed their previously announced agreement whereby Wesdome has purchased from Canoe Mining, a 100% interest in the Coldstream Project and the Hamlin-Deaty Creek Property ("Hamlin"), which are near to Wesdome's Moss Lake properties located 100 kilometres due west of Thunder Bay, Ontario (collectively, the "Properties"). With this [...]
TSX:WDO TORONTO, May 16, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) ("Wesdome" or the "Company") today responds to a press release issued by Resolute Performance Fund, an investment fund managed by Resolute Funds Limited ("Resolute"). Early this morning, one day prior to the Annual Meeting of Shareholders, the Board of Directors of Wesdome received a letter from Resolute detailing concerns with operations and [...]
TSX:WDO TORONTO, May 11, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) ("Wesdome" or the "Company") today announces financial results for the first quarter of 2016. 2016 FIRST QUARTER SUMMARY Gold production of 8,036 ounces Eagle River underground production of 6,254 ounces at a recovered grade of 4.9 grams per tonne ("gpt"), with a reduced mill recovery rate of 88% due to lower head grades Mishi Open Pit mine [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, April 29, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX:WDO)("Wesdome" or the "Company") is pleased to announce that it has closed its previously announced public offering (the "Offering") of 10,465,000 common shares ("Common Shares") at a price of C$1.65 per Common Share, for total gross proceeds of C$17,267,250, including the [...]
TSX:WDO TORONTO, April 15, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) today announces gold production results for the first quarter of 2016 (Q1). Q1 combined production at the Eagle River Complex was 8,036 ounces. Eagle River Underground Mine tonnes milled during Q1 were 39,839 tonnes at a recovered grade of 4.88 grams per tonne ("gpt") to produce 6,254 ounces. At the Mishi Open Pit Mine tonnes milled were 36,287 at [...]
TORONTO, ONTARIO--(Marketwired - April 11, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES Wesdome Gold Mines Ltd. ("Wesdome" or the "Company") (TSX:WDO), is pleased to announce it has entered into an agreement with a syndicate of underwriters (the "Underwriters") co-led by National Bank Financial Inc. and Mackie Research Capital Corporation, and including Dundee Capital Markets [...]
TORONTO, April 11, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) ("Wesdome" or the "Company") is pleased to announce the appointment of Heather Laxton as Corporate Secretary. Ms. Laxton has 20 years of corporate secretarial, corporate governance, and securities regulation experience with a focus on the mining sector in Canada, Europe, Russia and West Africa. She has served in several senior management and executive [...]
TORONTO, April 11, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) ("Wesdome" or the "Company") is pleased to announce the appointment of Heather Laxton as Corporate Secretary. Ms. Laxton has 20 years of corporate secretarial, corporate governance, and securities regulation experience with a focus on the mining sector in Canada, Europe, Russia and West Africa. She has served in several senior management and executive [...]
TORONTO, April 11, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) ("Wesdome" or the "Company") is pleased to announce the appointment of Heather Laxton as Corporate Secretary. Ms. Laxton has 20 years of corporate secretarial, corporate governance, and securities regulation experience with a focus on the mining sector in Canada, Europe, Russia and West Africa. She has served in several senior management and executive [...]
TORONTO, April 7, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) ("Wesdome" or the "Company") and Canoe Mining Ventures Corp. (TSXV: CLV) ("Canoe Mining") are pleased to announce that the parties have entered into a definitive agreement (the "Purchase Agreement") whereby Wesdome has agreed to purchase from Canoe Mining, a 100% interest in the Coldstream Project ("Coldstream") and the Hamlin-Deaty Creek Property [...]
TSX:WDO TORONTO, April 6, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) is pleased to announce that the Governance and Nominating Committee has recommended, and the Board of Directors have approved, the director nominees that will stand for election at the Company's next annual meeting of shareholders ("AGM") to be held on May 17, 2016. Duncan Middlemiss, Don Njegovan and Bill Washington will stand for election at the [...]