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Wesdome Announces Details of 2022 Second Quarter Financial Results Conference Call

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Wesdome Gold Mines Ltd. (WDO) plans to announce its 2022 Q2 financial results on August 10, 2022, following market close. The financial statements and management analysis will be available on their website and SEDAR. A conference call to discuss these results is scheduled for August 11, 2022, at 10:00 am ET. In light of ongoing COVID-19 concerns, the company is implementing safety measures to protect employees as they continue operations, although they acknowledge risks impacting production timelines due to recent variant outbreaks.

Positive
  • Company plans to release Q2 financial results and hold a conference call for investors.
  • Continuing operations with safety measures amidst COVID-19 pandemic.
Negative
  • Potential delays in production and timelines due to COVID-19 infections among employees.
  • Increased risk levels for future production guidance due to emerging COVID-19 variants.

TORONTO, July 21, 2022 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces that the Company intends to release its 2022 second quarter financial results after market close on August 10, 2022. The financial statements and management discussion and analysis will be available on the Company’s website at www.wesdome.com or on SEDAR at www.sedar.com. A conference call to discuss these results will be held on August 11, 2022 at 10:00 am ET. Participants may register for the call at the link below to obtain dial in details. Preregistration is required for this event. While not required, it is recommended you join 10 minutes prior to the start of the event.

Registration Link:
https://register.vevent.com/register/BI6fabe85cad5f48ea97a0b7087d4cb9cb

Webcast link:
https://edge.media-server.com/mmc/p/8ft6b4im

The webcast can also be accessed under the News and Events section of the Company’s website (www.wesdome.com)

COVID-19

The health and safety of our employees, contractors, vendors, and consultants is the Company’s top priority. In response to the COVID-19 outbreak, Wesdome has adopted all public health guidelines regarding safety measures and protocols at all of its mine operations and corporate office. These protocols are still in place at all sites despite the loosening of some provincial public health guidelines. In addition, our internal COVID-19 Taskforce continues to monitor developments and implement policies and programs intended to protect those who are engaged in business with the Company.

Through care and planning, to date the Company has successfully maintained operations, however there can be no assurance that this will continue despite our best efforts with the emergence of new, highly contagious variants such as Omicron. To date, the company has been impacted by this most recent variant outbreak, with employees at both operations and corporate office becoming infected which may negatively impact our ability to maintain projected timelines and objectives. Consequently, the Company’s actual future production and production guidance is subject to higher levels of risk than usual. We are continuing to closely monitor the situation and will provide updates as they become available.

ABOUT WESDOME
Wesdome is Canadian focused gold producer with two high grade underground assets in Canada, the Eagle River mine in Ontario and the recently re-started Kiena mine in Quebec. The Company also retains meaningful exposure to the Moss Lake gold deposit in Ontario through its equity position in Goldshore Resources Inc. The Company’s primary goal is to responsibly leverage this operating platform and high-quality brownfield and greenfield exploration pipeline to build Canada’s next intermediate gold producer. Wesdome trades on the Toronto Stock Exchange under the symbol “WDO,” with a secondary listing on the OTCQX under the symbol “WDOFF.”

For further information, please contact:

Duncan MiddlemissorLindsay Carpenter Dunlop
President and CEO VP Investor Relations
416-360-3743 ext. 2019 416-360-3743 ext. 2025
duncan.middlemiss@wesdome.com lindsay.dunlop@wesdome.com
   
220 Bay St, Suite 1200
Toronto, ON, M5J 2W4
Toll Free: 1-866-4-WDO-TSX
Phone: 416-360-3743, Fax: 416-360-7620
Website: www.wesdome.com

PDF available: http://ml.globenewswire.com/Resource/Download/bf6bf1e1-1159-420c-a2bd-7a1de35cb64f 


FAQ

When will Wesdome Gold Mines release its Q2 2022 financial results?

Wesdome Gold Mines will release its Q2 2022 financial results after market close on August 10, 2022.

What time is the conference call for Wesdome’s Q2 results?

The conference call for discussing Wesdome’s Q2 results is scheduled for August 11, 2022, at 10:00 am ET.

How is Wesdome handling COVID-19 impacts on operations?

Wesdome has implemented safety measures to protect employees but acknowledges risks to production timelines due to COVID-19 infections.

Where can I find Wesdome's financial statements?

Wesdome's financial statements will be available on their website and SEDAR.

WESDOME GOLD MINES LTD

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