09:44 AM EDT, 06/27/2025 (MT Newswires) -- Wesdome Gold Mines ( WDOFF ) on Friday said it completed the acquisition of Angus Gold ( ANGVF ) .
Former Angus shareholders, excluding Wesdome, received $0.62 in cash plus 0.0096 of a Wesdome share for each Angus common share previously held.
"The acquisition of the prospective Angus property adjacent to our Eagle River Mine represents an exciting addition to our portfolio, enhancing our long-term growth potential through greenfield opportunities," said Wesdome Chief Executive Anthea Bath. "This regional land package consolidation supports our disciplined growth strategy, and we're pleased to welcome key members of the Angus team as we work to unlock meaningful value for our shareholders."
Shares of the company were last seen down 2.2% at $18.60 on the Toronto Stock Exchange.