TORONTO, Sept. 23 /CNW/ - Moss Lake Gold Mines Ltd. ("Moss Lake" is
pleased to announce that it issued 1,228,141 common shares (the "Shares") to
Wesdome Gold Mines Ltd. ("Wesdome") in satisfaction of $307,035.25 of its
indebtedness to Wesdome. The proposed issuance of Shares to Wesdome in
satisfaction of such indebtedness was disclosed in Moss Lake's press release
dated September 12, 2008. All of the Shares were issued at a price of $0.25
per Share, and are subject to a four month restricted resale period ending on
January 23, 2009.
Immediately following the issuance of the Shares, Wesdome owns or
exercises control or direction over 25,282,586 common shares of Moss Lake,
representing approximately 56.04% of the total number of outstanding common
shares of Moss Lake.
Moss Lake trades on the TSX Venture Exchange under the symbol "MOK" and
has 45,115,379 shares issued and outstanding.
For further information:
For further information: on Moss Lake Gold Mines Ltd. please contact
George Mannard, President or Donovan Pollitt, VP Corporate Development, 8 King
St. East, Suite 1305, Toronto, ON, M5C-1B5, Toll Free: 1-866-4-WDO-TSX, Phone:
(416) 360-3743, Fax: (416) 360-7620, Email: email@example.com, Website: