Stock Symbol: WGF: TSX-V
SASKATOON, Dec. 10 /CNW/ - Maurice (Moe) F. Lindsay, President of Wescan
Goldfields Inc. ("Wescan" or the "Company") is pleased to announce on behalf
of the Board of Directors, that Ms. Kirsten Marcia, B.Sc., P.Geo., has been
appointed as Vice President Exploration effective December 11th 2007.
Prior to joining Wescan, Ms. Marcia spent seven years working as a
geologist with Shore Gold Inc. exploring for diamonds in Saskatchewan, and
most recently as the Director of Investor Relations for Vena Resources. Ms.
Marcia has also explored for gold and base metals in Northern Saskatchewan for
Claude Resources, and oil and gas in Saskatchewan and Alberta. She is a
graduate of the University of Saskatchewan and a Professional Geoscientist,
registered in the Province of Saskatchewan.
Moe Lindsay stated, "Wescan is a growth oriented mineral exploration
company and we are very pleased to have Kirsten Marcia bring her excellent
background and enthusiasm to our company at a very strategic time in our
growth cycle; we look forward to her very significant contribution at a very
exciting time in the mining industry."
Wescan is a Canadian based corporation engaged in the acquisition,
exploration and development of mineral properties. Shares of the Company trade
on the TSX Venture exchange under the trading symbol "WGF".
"The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release."
Caution Regarding Forward-Looking Statements
From time to time, Wescan makes written or oral forward-looking
statements within the meaning of certain securities laws, including the "safe
harbor" provisions of the Ontario Securities Act and the United States Private
Securities Litigation Reform Act of 1995. Wescan may make such statements in
this press release, in other filings with Canadian regulators or the United
States Securities and Exchange Commission, in reports to shareholders or in
other communications. These forward-looking statements include, among others,
statements with respect to Wescan's objectives for the ensuing year, our
medium and long-term goals, and strategies to achieve those objectives and
goals, as well as statements with respect to our beliefs, plans, objectives,
expectations, anticipations, estimates and intentions. The words "may,"
"could," "should," "would," "suspect," "outlook," "believe," "plan,"
"anticipate," "estimate," "expect," "intend," and words and expressions of
similar import are intended to identify forward-looking statements. In
particular, statements regarding Wescan's future operations, future
exploration and development activities or other development plans contain
All forward-looking statements and information are based on Wescan's
current beliefs as well as assumptions made by and information currently
available to Wescan concerning anticipated financial performance, business
prospects, strategies, regulatory developments, development plans,
exploration, development and mining activities and commitments. Although
management considers these assumptions to be reasonable based on information
currently available to it, they may prove to be incorrect.
By their very nature, forward-looking statements involve inherent risks
and uncertainties, both general and specific, and risks exist that
predictions, forecasts, projections and other forward-looking statements will
not be achieved. We caution readers not to place undue reliance on these
statements as a number of important factors could cause the actual results to
differ materially from the beliefs, plans, objectives, expectations,
anticipations, estimates and intentions expressed in such forward-looking
statements. These factors include, but are not limited to, developments in
world gold markets, risks relating to fluctuations in the Canadian dollar and
other currencies relative to the US dollar, changes in exploration,
development or mining plans due to exploration results and changing budget
priorities of Wescan or its joint venture partners; the effects of competition
in the markets in which Wescan operates; the impact of changes in the laws and
regulations regulating mining exploration and development; judicial or
regulatory judgments and legal proceedings; operational and infrastructure
risks and the additional risks described in Wescan's most recently filed
annual and interim MD&A and Wescan's anticipation of and success in managing
the foregoing risks.
Wescan cautions that the foregoing list of factors that may affect future
results is not exhaustive. When relying on our forward-looking statements to
make decisions with respect to Wescan, investors and others should carefully
consider the foregoing factors and other uncertainties and potential events.
Wescan does not undertake to update any forward-looking statement, whether
written or oral, that may be made from time to time by Wescan or on our
For further information:
For further information: Maurice (Moe) F. Lindsay, President or Todd
Grychowski, Chief Financial Officer, at (306) 664-2422