TORONTO, Nov. 4, 2013 /CNW/ - Moss Lake Gold Mines Ltd. (TSX-V: MOK) announces that it has issued 1.2 million stock options at $0.15 per share to directors and officers of the Company. They are exercisable prior to October 23, 2018.
Moss Lake Gold Mines Ltd. is a 57.6%-owned subsidiary of Wesdome Gold Mines Ltd. (TSX: WDO). Moss Lake trades on the TSX Venture Exchange under the symbol "MOK" and currently has 47 million common shares issued and outstanding.
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:
George N Mannard, MScA, P.Geo.
416-360-3743 ext 22