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Wesdome Gold Mines Ltd. and Canoe Mining Ventures Corp. Close Agreement for Purchase and Sale of Coldstream and Hamlin Properties
Wesdome Gold Mines Ltd. and Canoe Mining Ventures Corp. Close Agreement for Purchase and S...
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[{"type":"text","content":"\n\n\n\nWesdome Gold Mines Ltd. and Canoe Mining Ventures Corp. Close Agreement for Purchase and Sale of Coldstream and Hamlin Properties\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen3{\nBORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen4{\nBORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\nWesdome Gold Mines Ltd. and Canoe Mining Ventures Corp. Close Agreement for Purchase and Sale of Coldstream and Hamlin Properties\nCanada NewsWire\nTORONTO, May 27, 2016\n\n\n\nTORONTO, May 27, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) (\"Wesdome\" or the \"Company\") and Canoe Mining Ventures Corp. (TSXV: CLV) (\"Canoe Mining\") are pleased to announce that the parties have closed their previously announced agreement (the \"Purchase Agreement\") whereby Wesdome has purchased from Canoe Mining, a 100% interest in the Coldstream Project (\"Coldstream\") and the Hamlin-Deaty Creek Property (\"Hamlin\"), which are near to Wesdome's Moss Lake properties located 100 kilometres due west of Thunder Bay, Ontario (collectively, the \"Properties\").  \n\nWith this acquisition, Wesdome is consolidating its land position in the Shebandowan Greenstone Belt. The acquired land flanks Wesdome's Moss Lake property and includes the former producing Coldstream Mine and East Coldstream gold deposit and their potential untested extensions. This acquisition also eliminates a historically inconvenient property boundary immediately along strike of the 3 million ounce Moss Lake gold deposit. This property boundary ...