TORONTO, Aug. 12, 2013 /CNW/ - Wesdome Gold Mines Ltd. ("Wesdome" or the "Company") (TSX: WDO) today announced that it has received a requisition from
Resolute Performance Fund (the "Shareholder") requesting that the board of directors of the Company (the "Board") call a special meeting of shareholders for the purpose of removing
four of the seven current directors from the Board and adding six new
directors nominated by the Shareholder.
The Company remains committed to considering the views of its
shareholders in accordance with the best practices of corporate
governance. The Board will consider the requisition and respond
appropriately in due course.
About Wesdome
Wesdome is in its 26th year of continuous mining operations in Canada. It currently has two
producing gold mines in Wawa, Ontario and owns the Kiena Complex in Val
d'Or, Québec. The Company has approximately 101.9 million common shares
issued and outstanding which trade on the Toronto Stock Exchange under
the symbol "WDO".
SOURCE: Wesdome Gold Mines Ltd.
Donovan Pollitt, P.Eng., CFA
President and Chief Executive Officer
8 King Street East, Suite 1305
Toronto, Ontario M5C-1B5
Toll Free: 1-866-4-WDO-TSX
Phone: 416-360-3743, Fax: 416-360-7620
Email: invest@wesdome.com, Website: www.wesdome.com
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