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Home > Mining Companies > Wesdome Gold Mines Ltd. > News > WESDOME ANNOUNCES RESULTS...
Wesdome Gold Mines Ltd.

WESDOME ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING AND ISSUES 2020 ESG REPORT

Jun 1, 2021
TORONTO, June 01, 2021 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (the “Company”) announces the results of the Company’s 2021 annual general meeting of shareholders (the “Meeting”) held by way of live webcast earlier today. A replay of the Meeting is available on the Company’s website.
 
A total of 82,475,962 common shares were represented at the Meeting, representing 59.05% of the total issued and outstanding common shares of the Company.
 
All matters presented for shareholder approval at the Meeting were approved, as follows:
 
a) Appointment of Grant Thornton LLP as auditors of the Company for the ensuing year and authorizing the directors of fix their remuneration;
 
b) Election of the directors of the Company for the ensuing year; and
 
c) Approval of an advisory non-binding resolution accepting the approach to executive compensation disclosed in the Management Information Circular of the Corporation dated April 19, 2021
Election of Directors
 
The following seven individuals were elected as directors of the Company, until the next annual meeting of shareholders, as set out in the table below:
 
 
Re-Appointment of Auditors
 
Based on proxies received and votes cast by show of hands during the Meeting, Grant Thornton LLP, Chartered Accountants, were appointed as independent auditors of the Company for the ensuing year and the directors are authorized to fix their remuneration, with the following results:
 
 
Advisory Vote on Executive Compensation
 
Based on proxies received and votes cast by ballot during the Meeting, the advisory non-binding resolution accepting the approach to executive compensation disclosed in the Management Information Circular of the Corporation dated April 19, 2021 was approved, with the following vote result:
 
 
2020 ESG REPORT
 
The Company is also pleased to announce that it has issued its second annual Environmental, Social, and Governance (“ESG”) Report, which provides an overview of the company’s ESG strategies, policies, commitments, and 2020 performance.
 
Highlights from the report include:
 
  • Zero confirmed cases of COVID-19 across the Company
  • Local procurement expenditures totally $56 million, representing 36% of the total procurement expenditures from Eagle River Complex and Kiena Complex
  • Completion of an ESG materiality assessment to inform key ESG factors for the Company
  • Further alignment with the Sustainability Accounting Standards Board reporting standard for Metals & Mining
 
“Despite 2020 presenting us all with exceptional and unexpected challenges, it was also a year where Wesdome was able to make significant strides forward in our ESG journey,” said Mr. Duncan Middlemiss, President and CEO. “Across the Company, we are in the process of establishing a new framework of systems, policies and procedures to create and support a company-wide culture of sustainability. Our 2020 ESG report outlines the progress we have made over the last year, which will continue to build on in years to come. As Wesdome continues forward on the path to growth, we are committed to building the foundation for sustainable success.”
 
ABOUT WESDOME
 
Wesdome has had over 30 years of continuous gold mining operations in Canada. The Company is 100% 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 139.7 million shares issued and outstanding and trades on the Toronto Stock Exchange under the symbol “WDO”.

Source: https://www.wesdome.com/news/press-releases/#ad828e56d9f1079ef465f786ec488203

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Career Opportunities
IT Analyst

This position is responsible for supporting end-users primarily at our Eagle River Mine Complex.
Junior Accountant

This position is accountable for supporting accounting processes as well as the processing of accounts payable in a manner consistent with established policies and procedures.
Senior Mine Geologist, Eagle River Mine
• Promote safe work practices and safety culture within a production-oriented environment.
• Maintain drill hole databases and monitor underground diamond drill programs.
• Supervise and participate in the selection of underground diamond drill targets.
Surface Maintenance (Hourly)

Ensure that all buildings, and infrastructures on Wesdome property, as well as roads, culverts, & bridges are properly maintained Work in a safe, environmentally friendly, and cost-effective manner.
Heavy Duty Equipment Mechanic

Heavy Equipment Mechanic is responsible, as part of a team, for maintaining the equipment and mechanical systems of the Eagle River Mine site to ensure smooth and continuous operation.
Maintenance Planner
  • Reporting to the Maintenance Projects, Mobile & Mine Fixed Plant Superintendent
  • Ensuring compliance with health and safety and environmental regulations and policies is of primary importance with this position.
Hoist Mechanic/Millwright

Reporting to the Eagle River Maintenance Planner or designate, the successful candidate will perform the maintenance and repairs of all surface, underground stationary equipment, long hole buggies, compressors rock breakers and pumps at the mine site.
Manager – Asset Management & Reliability

Reporting to the Mine General Manager, the Manger of Asset Management & Reliability will be an inspirational and innovative leader responsible and accountable for operational performance excellence in the Asset Management and Reliability Department.
Process Plant Maintenance Millwright (RED SEAL CERTIFCATION REQUIRED)
  • The Millwright is responsible for doing the maintenance of the milling operation equipment.
  • Reports to Lead hand Millwright and Mill General Foreman
Chief Mine Geologist, Eagle River Mine

The Chief Mine Geologist will be responsible and accountable for all work conducted by the Geology Department while ensuring the work is safe, cost effective and makes the most efficient use of manpower and materials.
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