Canadian Mining Journal

News

ACQUISITION: Wesdome concludes buy-out of Windarra

TORONTO – Wesdome Gold Mines has completed its previously announced acquisition of all outstanding common shares of Windarra Minerals. As a result, Windarra has become a wholly owned subsidiary of Wesdome. With this deal, Wesdome adds an...


TORONTO – Wesdome Gold Mines has completed its previously announced acquisition of all outstanding common shares of Windarra Minerals. As a result, Windarra has become a wholly owned subsidiary of Wesdome. With this deal, Wesdome adds an established Canadian exploration company to its holdings.

Windarra has 20 year’s experience exploring in the Mishibishu Greenstone belt, and holds a further 100% interest in the two Mishi mining leases consisting of approximately 705 hectares in the Mishibishu Lake township and a 25% interest in the Magnacon East property.

Wesdome operates the Eagle River gold mine 30 km west of Wawa, ON, and the Mishi gold mine 2 km further west. Wesdome’s Kiena gold mine near Val d’Or remains suspended. The company also counts in its portfolio the Magnacon gold exploration project in Ontario and the similar Wesdome project in Quebec.

Windarra shareholders requiring assistance with submitting their shares for exchange should contact their broker or Computershare Investor Services Inc. at 1-800-564-6253 or corporateactions@computershare.com.