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Stock Symbol: WGF: TSX-V
SASKATOON , Nov. 26, 2014 /CNW/ - Wescan Goldfields Inc. ("Wescan" or the "Company") is pleased to announce that it has received approval to settle $359,276 of debt with certain service providers by issuing 7,185,524 Common Shares of Wescan at $0.05 per share. The shares are subject to a four month hold period from the date of issuance.
The Company also announces the retirement of Arnie E. Hillier as a Director of the Company effective December 1, 2014 . Wescan's management and Board of Directors thank Mr. Hillier for his contributions to the Company and wish him well in his future endeavors.
Wescan is a Canadian based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of Wescan trade on the TSX Venture Exchange under the trading symbol "WGF".
Caution Regarding Forward-Looking StatementsStatements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
"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."
SOURCE Wescan Goldfields Inc.
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VanEck Vectors Global Alternative Energy ETF
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EXPLORATION STAGE |
CODE : WGF.V |
ISIN : CA95081V2021 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Wescan Goldfields is a gold exploration company based in Canada. Its main exploration properties are FORK LAKES, MUNRO, HANSON LAKE, ATHABASCA WESCAN SANTOY JV, HAZEMPA LAKE, FIR ISLAND, PATTYSON LAKE, DOWLER LAKE, KARPINKA LAKE, MUD LAKE and JOJAY in Canada. Wescan Goldfields is listed in Canada and in United States of America. Its market capitalisation is 1.2 millions as of today (US$ 876 093, € 792 952). Its stock quote reached its highest recent level on January 06, 2006 at 9.90, and its lowest recent point on August 01, 2018 at 0.01. Wescan Goldfields has 47 442 200 shares outstanding. |