TORONTO, June 28, 2013 /CNW/ - Moss Lake Gold Mines Ltd. ("Moss Lake" or the "Company") (TSXV: MOK) announces that it has reached an agreement with Wesdome Gold Mines Ltd. ("Wesdome"), the holder of a convertible unsecured promissory note in the principal amount of $2,000,000 issued by the Company in 2011 (the "Note"), to: (i) extend the maturity date of the Note from June 29, 2013 to September 29, 2013; and (ii) remove the conversion feature of the Note.
About Moss Lake
Moss Lake was created in 1994 to consolidate ownership of the Moss Lake gold deposit. It is a 57.6%-owned subsidiary of Wesdome, which currently owns and operates the Eagle River Gold Mine and the Mishi Gold Mine. The common shares of the Company trade on the TSX Venture Exchange (the "TSXV") under the symbol "MOK".
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Moss Lake Gold Mines Ltd.
For further information:
George N Mannard, MScA, P.Geo.
416-360-3743, extension 22