Wesdome Gold Mines

West Red Lake Gold Mines Strengthens Leadership: Shane Williams Appointed President and CEO, Duncan Middlemiss Joins as Independent Director

Retrieved on: 
Tuesday, June 6, 2023

The Company is also pleased to report Mr. Duncan Middlemiss has joined West Red Lake Gold as an independent director.

Key Points: 
  • The Company is also pleased to report Mr. Duncan Middlemiss has joined West Red Lake Gold as an independent director.
  • “I am thrilled to join West Red Lake Gold as President and CEO to move forward the Company’s remarkable assets,” commented Mr. Williams.
  • "I am pleased to welcome Shane Williams as the new President and CEO of West Red Lake Gold.
  • Tom Meredith commented, “It has been a pleasure leading the excellent team at West Red Lake Gold.

Wesdome Gold Mines Announces Appointment of Anthea Bath as President and CEO

Retrieved on: 
Monday, June 5, 2023

TORONTO, June 05, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) is pleased to announce the appointment of Anthea Bath as President and Chief Executive Officer effective July 1, 2023.

Key Points: 
  • TORONTO, June 05, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) is pleased to announce the appointment of Anthea Bath as President and Chief Executive Officer effective July 1, 2023.
  • Warwick Morley-Jepson, Board Chair and Interim CEO, will continue his role as Interim CEO until Ms. Bath commences employment with the Company, and thereafter will resume his role as Independent Board Chair.
  • Ms. Bath commented, “I am very happy to accept the role of President and CEO with Wesdome.
  • Additionally, Wesdome has extremely exciting exploration potential at both assets, given their extensive land positions in what is considered to be Canada’s most prolific gold belts.

PROSPECT RIDGE RESOURCES ANNOUNCES APPOINTMENT OF NEW DIRECTORS

Retrieved on: 
Thursday, March 16, 2023

VANCOUVER, BC, March 16, 2023 /PRNewswire/ - Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE: PRR) (OTC: PRRSF) (FRA: OED) is pleased to announce the appointment of Mr. Michael Michaud and Mr. Yan Ducharme as Directors.

Key Points: 
  • VANCOUVER, BC, March 16, 2023 /PRNewswire/ - Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE: PRR) (OTC: PRRSF) (FRA: OED) is pleased to announce the appointment of Mr. Michael Michaud and Mr. Yan Ducharme as Directors.
  • In addition, the Company announces the resignation of Nick Luksha as a Director and as Vice President of Corporate Development.
  • of measured and indicated resources (32Mt at 1.48 g/t Au) and 600k oz of inferred resources (16.5Mt at 1.13 g/t Au; NI 43-101 August 15, 2013).
  • Prospect Ridge also announces that it has granted an aggregate of 75,000 stock options to a consultant of the Company, exercisable at $0.20 for a period of 5 years.

Wesdome Announces Executive Changes

Retrieved on: 
Wednesday, January 25, 2023

TORONTO, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (the “Company” or “Wesdome”) announces today the retirement of Duncan Middlemiss as President and Chief Executive Officer of the Company and resignation from the board of directors of the Company (the “Board”).

Key Points: 
  • TORONTO, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (the “Company” or “Wesdome”) announces today the retirement of Duncan Middlemiss as President and Chief Executive Officer of the Company and resignation from the board of directors of the Company (the “Board”).
  • Warwick Morley-Jepson, the Chair of the Board, will act as Interim President and Chief Executive Officer to manage the Company as the Board works with an executive search firm to select a permanent successor.
  • In order to ensure an orderly succession, Mr. Middlemiss has agreed to remain in an advisory role to assist Mr. Morley-Jepson and the rest of the executive team on a temporary basis.
  • He previously served as Executive Vice President and Chief Operating Officer of Ivanhoe Mines and of Kinross Gold Corporation.

Wesdome Announces Amendment to Increase and Extend Credit Facility

Retrieved on: 
Wednesday, August 31, 2022

TORONTO, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (Wesdome or the Company) today announces that it has executed an amended and restated credit agreement that upsizes its senior secured revolving credit facility (the Credit Facility), led by National Bank Financial Inc. (NBF) to $80 million immediately and to $150 million upon declaration of commercial production at Kiena.

Key Points: 
  • TORONTO, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (Wesdome or the Company) today announces that it has executed an amended and restated credit agreement that upsizes its senior secured revolving credit facility (the Credit Facility), led by National Bank Financial Inc. (NBF) to $80 million immediately and to $150 million upon declaration of commercial production at Kiena.
  • The facility also features more favourable covenants, lowers the margin of borrowing, and extends the term to August 25, 2025 from March 29, 2024.
  • The Credit Facility is secured by all of the Companys present and future real and personal property.
  • The NBF Facility is also available for letters of credit and will be used for general corporate and working capital purposes
    The amended and restated Credit Agreement will be posted to SEDAR ( www.sedar.com ) in due course.

PROSPECT RIDGE RESOURCES ANNOUNCES YAN DUCHARME JOINING THE TEAM AS COMPANY'S NEW PRESIDENT, AND START OF 2022 FIELD OPERATIONS

Retrieved on: 
Tuesday, June 7, 2022

Yan Ducharme brings over 25 years of experience to the company in greenfield and brownfield exploration projects.

Key Points: 
  • Yan Ducharme brings over 25 years of experience to the company in greenfield and brownfield exploration projects.
  • Mr. Ducharme was also part of the exploration team at the Rosebel Mine in Suriname, South America for Cambior/Iamgold.
  • Michael Iverson, CEO states, "Having Yan Ducharme come on as President and run the field operations will be a huge asset to our team and shareholders.
  • Prospect Ridge Resources Corp. is a British Columbia based exploration and development company focused on gold exploration.

InvestmentPitch Media Video Discusses Kesselrun Resources’ Additional Drill Results on its Huronian Gold Project in Ontario, Including 33.9 g/t Gold over 1.0 Metre – Video Available on Investmentpitch.com

Retrieved on: 
Thursday, February 17, 2022

VANCOUVER, British Columbia, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Kesselrun Resources (TSXV:KES) (OTCPink:KSSRF) (FSE:CMG), a Thunder Bay, Ontario-based mineral exploration company, has released additional drill results on its Huronian Gold Project.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Kesselrun Resources (TSXV:KES) (OTCPink:KSSRF) (FSE:CMG), a Thunder Bay, Ontario-based mineral exploration company, has released additional drill results on its Huronian Gold Project.
  • The Huronian Gold Project hosts the same lithological package of rocks, as interpreted from both Government of Ontario and Kesselrun Resources mapping, compilation and modelling.
  • The 2021 Huronian drill program consisted of approximately 19,750 metres with results from the remaining 750 metres still to come.
  • Kesselrun Resources has paid a fee not exceeding $2,000 in cash to have its current news release produced in video format.

Wesdome Announces Details of 2021 Second Quarter Financial Results Conference Call

Retrieved on: 
Wednesday, July 21, 2021

TORONTO, July 21, 2021 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (Wesdome or the Company) today announces that the Company intends to release its second quarter 2021 financial results after market close on August 11, 2021.

Key Points: 
  • TORONTO, July 21, 2021 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (Wesdome or the Company) today announces that the Company intends to release its second quarter 2021 financial results after market close on August 11, 2021.
  • The financial statements and management discussion and analysis will be available on the Companys website at www.wesdome.com or on SEDAR at www.sedar.com .
  • A conference call to discuss these results will be held on August 12, 2021 at 10:00 am ET.
  • Wesdome invites participants to join the call using the following details:
    The health and safety of our employees, contractors, vendors, and consultants is the Companys top priority.

Globex Sells Tarmac Gold Property to Wesdome

Retrieved on: 
Monday, July 12, 2021

ROUYN-NORANDA, Qubec, July 12, 2021 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX Toronto Stock Exchange, G1MN Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, L&S Exchange, TTM Zone, Stock Exchanges and GLBXF OTCQX International in the US) is pleased to inform shareholders that it has sold its Tarmac Gold Property (the Property) located in Dubuisson Township, Quebec to Wesdome Gold Mines Ltd. (WDO-TSX)(Wesdome) for one million dollars ($1,000,000) and a 1% Gross Metal Royalty.

Key Points: 
  • ROUYN-NORANDA, Qubec, July 12, 2021 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX Toronto Stock Exchange, G1MN Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, L&S Exchange, TTM Zone, Stock Exchanges and GLBXF OTCQX International in the US) is pleased to inform shareholders that it has sold its Tarmac Gold Property (the Property) located in Dubuisson Township, Quebec to Wesdome Gold Mines Ltd. (WDO-TSX)(Wesdome) for one million dollars ($1,000,000) and a 1% Gross Metal Royalty.
  • The Property consists of 6 claims covering 94 hectares located entirely within Wesdomes Kiena Mine Complex and less than 2 kilometers northeast of the Kiena underground mine, all located beneath Lac De Montigny.
  • Globex has maintained the Property since the 1996 drilling program due to the evident economic potential.
  • The Property is surrounded on all sides by Wesdome claims, thereby positioning the company to facilitate the potential exploration and advancement of these claims.

Wesdome Announces Filing of NI 43-101 Technical Report at the Kiena Mine in Val d’Or, Quebec

Retrieved on: 
Wednesday, June 9, 2021

TORONTO, June 09, 2021 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX:WDO) (Wesdome or the Company) announces filing of a National Instrument 43-101 Technical Report of the pre-feasibility study PFS) and mineral reserve estimate for the Kiena Mine.

Key Points: 
  • TORONTO, June 09, 2021 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX:WDO) (Wesdome or the Company) announces filing of a National Instrument 43-101 Technical Report of the pre-feasibility study PFS) and mineral reserve estimate for the Kiena Mine.
  • The full technical report is available on SEDAR at www.sedar.com and on the Company website, www.wesdome.com
    Wesdome has had over 30 years of continuous gold mining operations in Canada.
  • The Companys strategy is to build Canadas next intermediate gold producer, producing 200,000+ ounces from two mines in Ontario and Qubec.
  • Wesdome is actively exploring its brownfields asset, the Kiena Complex in Val dOr, Qubec.