Wescan Receives Conditional Listing Approval
September 2, 2004
George Sanders, President of Wescan Goldfields Inc. (“Wescan”) is pleased to report that the Company has received conditional approval from the TSX Venture Exchange for the listing of Wescan common shares. The listing is conditional on the closing of the Wescan Initial Public Offering (“IPO”), expected on or about September 24, 2004. The IPO consists of the issuance of 14,000,000 common shares at $0.10 per share and the concurrent distribution by Shore Gold Inc. to its shareholders of a maximum of 5,500,000 Wescan shares by way of a dividend-in-kind. TSX Venture Exchange trading symbol will be WGF.
Wescan is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties.
For further information please contact:
Kenneth E. MacNeill, Chairman and C.E.O. or George Sanders, President at (306) 664-2202.
-“The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.”