TORONTO, June 22, 2011 /CNW/ - Following its Annual General and Special
Meeting and Board of Directors meeting on June 21, 2011, Moss Lake Gold
Mines Ltd. (MOK: TSX-V) is pleased to announce the appointment of Mr.
Brian Ma, CA, as Secretary-Treasurer of the Company.
Mr. George Mannard, President, said "On behalf of the Board, I welcome
Brian's input, expertise and competence. With financing in hand, we
are accelerating evaluation of the Moss Lake project with the goal of
providing shareholders with a clear estimate of the costs and economic
conditions required to justify mine development on their property."
Brian Ma is currently Corporate Controller of the parent company,
Wesdome Gold Mines Ltd. He is a Chartered Accountant and holds an MAcc
in accounting from the University of Waterloo.
Mr. Ma replaces Donald Orr, CA, who remains Secretary-Treasurer and CFO
of Wesdome. Mr. Orr thus remains available to smooth and facilitate
In other business, the Board approved the issuance of 600,000 stock
options, exercisable at $0.33 per share over five years, to directors
and officers of Moss Lake under the terms of the Company's Stock Option
Moss Lake Gold Mines Ltd. is a 57.6% owned subsidiary of Wesdome Gold
Mines Ltd. (WDO-TSX). It owns a 100% interest in the Moss Lake Gold
deposit located 100 km west of Thunder Bay, Ontario. The Company is
evaluating development options for the project and undertaking studies
designed to support a Preliminary Economic Assessment and
Pre-Feasibility level study.
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.
This news release includes certain forward-looking statements concerning
the future performance of Moss Lake's business, operations and
financial performance and condition, as well as management's
objectives, strategies, beliefs and intentions. Such statements
include, but are not limited to, statements concerning the intention of
Wesdome to convert the Note.. Forward-looking statements are
frequently identified by such words as "may", "will", "plan", "expect",
"anticipate", "estimate", "intend" and similar words referring to
future events and results. Forward-looking statements are based on the
current opinions and expectations of management. All forward-looking
information is inherently uncertain and subject to a variety of
assumptions, risks and uncertainties, including the speculative nature
of mineral exploration and development, fluctuating commodity prices,
competitive risks and the availability of financing, as described in
more detail in recent securities filings available at www.sedar.com.
Actual events or results may differ materially from those projected in
the forward-looking statements and Moss Lake cautions against placing
undue reliance thereon. Moss Lake and its management assume no
obligation to revise or update these forward looking statements.
SOURCE Moss Lake Gold Mines Ltd.
For further information:
please visit www.mosslakegold.com or contact:
George Mannard, P.Geo.
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: firstname.lastname@example.org, Website: www.mosslakegold.com