Wesdome receives meeting requisition from shareholder
Canada NewsWire
TORONTO, Aug. 12, 2013
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.
Contact
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