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Moss Lake extends maturity date of $2,000,000 principal amount promissory note
Published : May 03, 2013
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Keywords :   Gold | Gold Mine | Gold Mines | K Street |

Moss Lake extends maturity date of $2,000,000 principal amount promissory note

TORONTO, May 3, 2013 /CNW/ - Moss Lake Gold Mines Ltd. ("Moss Lake" or the "Company") (TSXV: MOK) announces that it has agreed with Wesdome Gold Mines Ltd. ("Wesdome"), the holder of a convertible unsecured promissory note in the principal amount of $2,000,000 issued by the Company in 2011 (the "Note"), to extend the maturity date of the Note from April 29, 2013 to June 29, 2013.

ABOUT MOSS LAKE

Moss Lake was created in 1994 to consolidate ownership of the Moss Lake gold deposit. It is a 57.6%-owned subsidiary of Wesdome, which currently owns and operates the Eagle River Gold Mine, the Mishi Gold Mine and the Kiena Gold Mine. The common shares of the Company trade on the TSX Venture Exchange (the "TSXV") under the symbol "MOK".

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE: Moss Lake Gold Mines Ltd.

For further information:

George N Mannard, MScA, P.Geo.
President
416-360-3743, extension 22

or

Donovan Pollitt, P.Eng., CFA
Director
416-360-3743, extension 25

8 King Street East, Suite 1305
Toronto, Ontario  M5C 1B5
Toll Free: 1-866-4-WDO-TSX
Phone: 416-360-3743, Fax: 416-360-7620
Email: info@mosslakegold.com, Website: www.mosslakegold.com

Moss Lake Gold Mines Ltd

EXPLORATION STAGE
CODE : MOK.V
ISIN : CA6199061004
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Moss Lake Gold Mines is an exploration gold company based in Canada.

Moss Lake Gold Mines holds various exploration projects in Canada.

Its main exploration properties are MOSS LAKE and FOUNTAIN LAKE in Canada.

Moss Lake Gold Mines is listed in Canada and in United States of America. Its market capitalisation is CA$ 8.5 millions as of today (US$ 7.7 millions, € 5.6 millions).

Its stock quote reached its lowest recent point on December 28, 2001 at CA$ 0.01, and its highest recent level on December 28, 2007 at CA$ 0.60.

Moss Lake Gold Mines has 47 030 000 shares outstanding.

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Project news of Moss Lake Gold Mines Ltd
1/24/2014(Moss Lake)Wesdome and Moss Lake announce agreement for proposed acquis...
9/9/201343-101 Preliminary Economic Analysis report filed
7/14/2010(Moss Lake) Resource Estimate Upgraded and Increased
Corporate news of Moss Lake Gold Mines Ltd
3/21/2014Shareholders Approve Acquisition by Wesdome Gold Mines Ltd.
12/30/2013extends maturity date of $2,000,000 principal amount promiss...
11/4/2013issues stock options to directors and officers
9/27/2013amends $2,000,000 principal amount promissory note
7/29/2013announces preliminary economic analysis results
6/28/2013amends $2,000,000 principal amount promissory note
2/20/2013- Material increase in mineral resources
12/13/2012receives metallurgical test results, advances studies
12/8/2010 Announces its Intention to Raise up to $2.78 Million Tthrou...
11/19/2010. ANNOUNCES CONVERSION OF $300,000 NOTE HELD BY WESDOME GOLD...
1/15/2008 Retains Watts, Griffis and McOuat for Preliminary Assessmen...
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