Wesdome Gold Mines (TSX: WDO)
Wesdome and Angus Gold Inc. (TSX-V: GUS announced the successful acquisition by Wesdome of all of the issued and outstanding common shares of Angus not already owned by Wesdome pursuant to a plan of arrangement
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| Wesdome Gold | TSX : WDO | |
| Stage | Production, Development | |
| Metals | Gold | |
| Market cap | C2.82 B @ C$18.75 | |
| Location | Ontario and Quebec, Canada | |
| Website | www.wesdome.com |
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Wesdome Gold Mines Completes Acquisition of Angus Gold
All amounts are expressed in Canadian dollars unless otherwise indicated
TORONTO, June 27, 2025 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) and Angus Gold Inc. (TSX-V: GUS, OTC: ANGVF) (“Angus”) are pleased to announce the successful acquisition by Wesdome of all of the issued and outstanding common shares of Angus not already owned by Wesdome pursuant to a plan of arrangement (the “Arrangement”).
The Arrangement became effective as of today’s date, resulting in Angus becoming a wholly owned subsidiary of Wesdome. In accordance with the terms of the Arrangement, former Angus shareholders, excluding Wesdome, have received $0.62 in cash plus 0.0096 of a Wesdome share for each Angus common share previously held.
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Anthea Bath, President and Chief Executive Officer said;
“The acquisition of the prospective Angus property adjacent to our Eagle River Mine represents an exciting addition to our portfolio, enhancing our long-term growth potential through greenfield opportunities.
“This regional land package consolidation supports our disciplined growth strategy, and we’re pleased to welcome key members of the Angus team as we work to unlock meaningful value for our shareholders.”
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To read the full news release please click HERE
To View Wesdome Gold Mine’s historical news, please click here
..Live spot metal prices can be found HERE
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Disclosure
At the time of writing the author holds no shares in Wesdome Gold Mines.
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