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Wesdome Gold Mines Ltd T.WDO

Alternate Symbol(s):  WDOFF

Wesdome Gold Mines Ltd. is a Canadian-focused gold producer with two high grade underground assets, the Eagle River mine in Ontario and the Kiena mine in Quebec. The Company has an exploration program both underground and on the surface within the mine area and more regionally at both the Eagle River and Kiena Complex. The Eagle River Underground Mine is located 50 kilometers west of Wawa, Ontario. The Eagle River underground mine near Wawa, Ontario is producing gold at a rate of 80,000 to 90,000 ounces per year. The Kiena Mine is located in the highly prospective Val d’Or, Quebec gold camp. The Kiena Mine is a fully permitted, integrated mining and milling infrastructure which includes a 930-meter production shaft and 2,000 tons-per-day capacity mill. The Kiena Mine Complex consists of the Kiena Mine concession, Kiena Mill, related infrastructure and equipment and land position in the Township of Dubuisson, Quebec.


TSX:WDO - Post by User

Bullboard Posts
Post by jim_nasium99on Feb 27, 2009 3:19pm
427 Views
Post# 15809504

AGF Holding 13%

AGF Holding 13%

  

Wesdome Gold Mines Ltd (C-WDO) - News Release

AGF Management controls 13.12% of Wesdome shares

2009-02-27 14:36 EST - News Release
Shares issued 99,671,659
WDO Close 2009-02-26 C$ 1.39

From News Release (C-AGF) AGF Management Ltd

Mr. Martin Hubbes of AGF Funds reports

AGF MAKES EARLY WARNING REPORT

AGF Funds Inc., as a result of the acquisition of 475,000 shares, on behalf of its clients, now has direction over 13,947,229 shares (or 13.12 per cent of the outstanding shares calculated on a fully diluted basis) of Wesdome Gold Mines Ltd.

The acquisition of these securities by AGF, on behalf of its clients, was made in the ordinary course of business for investment purposes, and was not for the purpose of influencing the control or direction of Wesdome Gold Mines.

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