MOSS LAKE APPOINTMENT NOTICE
June 22 2011 - 11:18AM
PR Newswire (Canada)
TORONTO, June 22, 2011 /CNW/ -- 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 the succession. 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 Plan. 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. To view this news release in HTML
formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/June2011/22/c8396.html p
align="justify" iplease visit /iia
href="http://www.mosslakegold.com"
font-style="italic"www.mosslakegold.com/a/ii or contact:/i /p p
align="justify" George Mannard, P.Geo.br/ President /p p 8 King St.
East, Suite 1305br/ Toronto, ON, M5C-1B5br/ Toll Free:
1-866-4-WDO-TSXbr/ Phone: 416-360-3743, Fax: 416-360-7620br/
Email: a
href="mailto:info@mosslakegold.com"info@mosslakegold.com/a,
Website: a href="http://www.mosslakegold.com"
cr="true"www.mosslakegold.com/a /p
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