Wesdome Refiles Annual MD&A

TORONTO, June 1 /CNW/ - Wesdome Gold Mines Ltd (WDO: TSX) has filed today on www.Sedar.com an amended version of its MD&A for the year ended December 31, 2009 and the related certificates under National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings in respect of the refiled MD&A.

Upon further review, Management of the Company, with the participation of the Chief Executive Officer and the Chief Financial Officer concluded that the lack of segregation of duties resulted in a material weakness in the Company's internal control over financial reporting and its disclosure controls and procedures. The lack of segregation of duties creates a risk that inaccurate entries could be made and not identified or corrected on a timely basis. The result is that the Company is highly reliant on the performance of mitigating procedures during the process of closing its financial statements in order to ensure the financial statements are presented fairly in all material respects. Management will re-assign current responsibilities and obtain additional accounting personnel to improve segregation of duties.

Management has also concluded that the financial statements do not contain any material misstatements.

The certificates are being refiled as to date.

This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

SOURCE Wesdome Gold Mines Ltd.

For further information: For further information: Donovan Pollitt, P.Eng., President and CEO Manager, or Shelly John, Investor Relations, 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: invest@wesdome.com, Website: www.wesdome.com

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Wesdome Gold Mines Ltd.

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