Wescan to issue shares
Stock Symbol: WGF: TSX-V
SASKATOON, Nov. 13, 2014 /CNW/ - Wescan Goldfields Inc. ("Wescan" or the "Company") is pleased to announce that it will settle debt with certain service providers by issuing up to 7,185,524 Common Shares of Wescan valued at $0.05 per share for a total of up to $359,276.
This debt settlement is subject to regulatory approval by the TSX Venture Exchange and compliance with applicable securities laws.
Wescan is a Canadian based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of Wescan trade on the TSX Venture Exchange under the trading symbol "WGF".
Caution Regarding Forward-Looking Statements
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
SOURCE Wescan Goldfields Inc.
Contact
Ken MacNeill, Chief Executive Officer or Greg Shyluk, Chief Financial Officer at (306) 664-2202