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Wesdome Gold Mines Ltd T.WDO

Alternate Symbol(s):  WDOFF

Wesdome Gold Mines Ltd. is a Canada-based gold producer with two high grade underground assets, the Eagle River mine in Ontario and 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 approximately 50 kilometers west of Wawa, Ontario. The Eagle River Underground Mine in Wawa, Ontario is producing gold at a rate of 92,000-105,000 ounces per year. The Kiena Mine is located in the prospective Val d’Or, Quebec gold camp. The Kiena Complex is a fully permitted former mine with a 930-metre shaft and 2,000 tons-per-day mill. The Company also retains exposure to the Moss Lake gold deposit, located approximately 100 kilometers west of Thunder Bay, Ontario through its equity position in Goldshore Resources Inc.


TSX:WDO - Post by User

Post by garmin1on Jun 08, 2022 11:19am
262 Views
Post# 34740295

Largest institutional holder adding to position

Largest institutional holder adding to position Wesdome's largest shareholder T. Rowe Price Associates in the month of May acquired 753,200 more WDO common shares, which triggered a disclosure report. The previous report was September 10,2021. See below, excerpt of the report that outlines T. Rowe latest WDO position.


The number of common shares of the Issuer over which the Investor has discretionary investment authority has increased from 14,670,323 common shares representing a securityholding percentage of 10.47%, to 18,470,252 common shares representing a securityholding percentage of 12.96%.
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