Moss Lake amends $2,000,000 principal amount promissory note
June 28 2013 - 3:15PM
PR Newswire (Canada)
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.
Copyright 2013 Canada NewsWire
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