Hy Lake Gold

Published : December 29th, 2015

West Red Lake Gold Mines News Release December 24 2015

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Keywords :   Canada | Gold Mines | Mines |

West Red Lake Gold Mines News Release December 24 2015

WEST RED LAKE GOLD ANNOUNCES GRANT OF MANAGEMENT CEASE TRADE ORDER

West Red Lake Gold Mines Inc. ('West Red Lake Gold' or the 'Company') (CSE: RLG) (FWB:HYK) (OTC: HYLKF) announces that, further to its news release dated December 22, 2015, the Ontario Securities Commission has issued a temporary management cease trade order which is in effect until January 8, 2016. This order provides that all trading in and all acquisitions of the securities of the Company, whether direct or indirect, by Thomas Meredith (acting CEO) and John Kontak (acting CFO) shall cease for a period of 15 days from today's date. This order is a result of the Company's application for a management cease trade order for failure to file an independent technical report on its West Red Lake Project substantiating its disclosure of an internal resource calculation which was inserted into the investor presentation on the Company website by previous management as early as February 4, 2014.

Other than as disclosed in this news release, there are no material changes to the information contained in the default announcement of December 22, 2015. The Company confirms that it intends to satisfy the provisions of the alternative information guidelines described in sections 4.3 and 4.4 of National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults, for so long as it remains in default of the requirement to file the required filings.

West Red Lake Gold Mines Inc. is a Toronto-based minerals exploration company focused on gold exploration and development in the prolific Red Lake Gold District of Northwest Ontario, Canada. To find out more about West Red Lake Gold, please visit our website at http://www.westredlakegold.com.

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Hy Lake Gold is a gold exploration company based in Canada.

Its main exploration properties are RED SUMMIT, GOLDEN TREE, ROWAN LAKE, PIPESTONE BAY, MT. JAMIE and SOUTH JAMIE in Canada.

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Financings of
8/6/2016West Red Lake Gold Mines Closes $1,300,000 Financing
Corporate news of
6/10/2016RLG Commences Exploration Drilling Targeting The Structural ...
5/31/2016West Red Lake Gold Warrant Funding
5/30/2016West Red Lake Gold Warrant Funding
5/5/2016Exploration Drilling To Commence In June Targeting Structura...
4/6/2016West Red Lake Gold Mines Closes $575,000 Financing
3/30/2016West Red Lake Gold Announces Change Of Corporate Address
1/21/2016Management Cease Trade Order Update
1/16/2016West Red Lake Gold Exploration Update and MCTO Update
1/7/2016West Red Lake Gold Exploration Update And Mcto Update
1/6/2016West Red Lake Gold Mines Completes $120,000 Financing
1/4/2016Disclosure On West Red Lake Project Property
1/4/2016West Red Lake Gold Announces Grant Of Management Cease Trade...
12/29/2015West Red Lake Gold Mines News Release December 24 2015
12/24/2015DISCLOSURE ON WEST RED LAKE PROJECT PROPERTY
11/3/2015West Red Lake Gold Exploration Plan For Fall 2015
10/31/2015WEST RED LAKE GOLD EXPLORATION PLAN FOR FALL 2015
8/17/2015West Red Lake Gold Mines Completes $308,000 Financing
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