Wesdome files an amended and restated management information circular
TORONTO, April 11, 2014 /CNW/ - Wesdome Gold Mines Ltd. ("Wesdome" or the "Company") (TSX:WDO) announces that it has filed an amended and restated management information circular (the "A&R Circular") with respect to its annual and special meeting of shareholders (the "Meeting") scheduled to be held on Tuesday, May 6, 2014. The A&R Circular replaces and supersedes the management information circular of the Company dated April 7, 2014 and filed on SEDAR on April 10, 2014 in respect of the Meeting.
The A&R Circular (in particular, the sections entitled "Report on Executive Compensation" and "Voting Securities and Principal Holders Thereof") has been amended as follows:
|(i)||the A&R Circular now discloses additional executive compensation information for George Mannard regarding option grants in the most recent fiscal year of the Company and options exercised and outstanding;|
|(ii)||the A&R Circular now discloses that the record date for the purpose of determining shareholders entitled to receive notice of the Meeting is April 1, 2014; and|
|(iii)||the A&R Circular now discloses that Resolute Performance Fund exercises control or direction over 22,718,300 common shares of the Company. This represents an approximate 20.45% interest in Wesdome on an undiluted basis. Incorrect information appeared in the original circular.|
Except as described above, the A&R Circular remains unchanged from the circular that was mailed to the shareholders of the Company and previously filed on SEDAR. A copy of the A&R Circular is available on SEDAR at www.sedar.com. Shareholders may also contact the Company by telephone at 416-360-3743, by mail to the Company's principal office at 8 King Street East, Suite 1305, Toronto, Ontario, M5C 1B5 or by e-mail at firstname.lastname@example.org to request free printed copies of the A&R Circular.
Wesdome is in its 28th 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 111.1 million common shares issued and outstanding and which trade on the Toronto Stock Exchange under the symbol "WDO".
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Wesdome Gold Mines Ltd.
President and Chief Executive Officer