Member Company Profile

Wesdome

WDO:CN|Last Price: USD 8.83|Market Cap: USD 1.23 B

USD 6.05
USD 10.51

Gold Price: $1,778.80|Silver Price: $22.36|Platinum Price: $929.00|Palladium Price: $1,806.00|Gold:Silver: 79.6


European Gold Forum 2019

  Recorded Session|April 9, 2019, 3:45 PM (CEST)|Presenter: Duncan Middlemiss, CEO


Status: Producer|Primary Mineral: Gold|Primary Country of Operation: Canada


Last Updated: August 27, 2021

  Print Profile

IR Contact

Lindsay Carpenter Dunlop
+1 (416) 360-3743
[email protected]
www.wesdome.com

Address

220 Bay St, Suite 1200
Toronto, ON M5J 2W4
Canada

Cautionary Information

© Copyright 2021, Denver Gold Group & Wesdome.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Wesdome is Canadian focused with a pipeline of projects in various stages of development. The Company’s strategy is to build Canada’s next intermediate gold producer, producing 200,000+ ounces from two mines in Ontario and Québec. The Eagle River Underground Mine in Wawa, Ontario is currently producing gold at a rate of 92,000 – 105,000 ounces per year. Wesdome is actively exploring its brownfields asset, the Kiena Complex in Val d’Or, Québec. The Kiena Complex is a fully permitted former mine with a 930-metre shaft and 2,000 tonne-per-day mill, and a restart of operations was announced on May 26, 2021. The Company has completed a PFS in support of the production restart decision. The Company also retains meaningful exposure to the Moss Lake gold deposit, located 100 kilometres west of Thunder Bay, Ontario through its equity position in Goldshore Resources Inc. The Company has approximately 140.0 million shares issued and outstanding and trades on the Toronto Stock Exchange under the symbol “WDO”.

Value Drivers
  • Low Risk: Expansion of Existing Mines in Proven Gold Camps
  • Low Capex: New Gold Discovery in Existing, Permitted Mine
  • Operations in Stable Jurisdictions: Ontario and Quebec

Annual Production
Gold, oz per year
GEOs: No

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: NI 43-101 , GEOs: No

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders
  • Van Eck
  • 1832 Asset Management
  • Sprott
Management
Chairman: Warwick Morely-Jepson
President & CEO: Duncan Middlemiss
CFO: Scott Gilbert
COO: Marc Andre Pelletier
VP, Exploration: Michael Michaud
VP, Human Resources: Stacy Kimmett
VP, Investor Relations: Lindsay Carpenter Dunlop
Corporate Secretary and Chief Governance Officer: Heather Laxton
VP. Corporate Development: Raj Gill
More Detail
Capital Structure
Common Shares Outstanding: 139,400,000
Float (%): 65.00
Options Outstanding: 7,200,000
Fully Diluted Shares: 146,600,000

IR Contact

Lindsay Carpenter Dunlop
+1 (416) 360-3743
[email protected]
www.wesdome.com

Address

220 Bay St, Suite 1200
Toronto, ON M5J 2W4
Canada

Cautionary Information

© Copyright 2021, Denver Gold Group & Wesdome.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.