|
Post by Zoinkers on Jan 13, 2007 14:51:21 GMT -5
Press Release Source: Shore Gold Inc.
Shore acquires shares in Wescan Goldfields Inc. Thursday December 21, 4:21 pm ET
Stock Symbol SGF: TSX SASKATOON, Dec. 21 /CNW/ - Shore Gold Inc. ("Shore") announces that it has acquired ownership, from treasury, 3,000,000 common shares of Wescan Goldfields Inc. ("Wescan") (5.09% of Wescan's outstanding common shares) and 1,500,000 common share purchase warrants ("Warrants") pursuant to a private placement of units of Wescan. Shore now holds a total of 11,474,086 common shares (19.46% of Wescan's outstanding common shares) and 1,500,000 Warrants. This acquisition was made for investment purposes and in the future Shore may acquire or dispose of common shares from time to time.
For further information or for a copy of the report filed by Shore in respect of the above please contact: Kenneth E. MacNeill, President and CEO, or Harvey J. Bay, COO & CFO, at (306) 664-2202
For further information
Kenneth E. MacNeill, President and CEO, or Harvey J. Bay, COO & CFO, at (306) 664-2202
-------------------------------------------------------------------------------- Source: Shore Gold Inc.
|
|