Mr. Duncan Middlemiss reports

WESDOME ANNOUNCES CORPORATE RESTRUCTURING AND MANAGEMENT CHANGES

Wesdome Gold Mines Ltd. has completed a corporate restructuring and has made consequent management changes.

Effectively immediately, Philip Ng, chief operating officer, Hemdat Sawh, chief financial officer, George Mannard, vice-president, exploration, and Benoit Laplante, vice-president, corporate development, have departed the company.

In connection with the corporate restructuring, and the company's efforts to reduce cost profiles, increase production and improve profitability, the positions of vice-president, corporate development, and vice-president, Quebec operations, have been eliminated. Accordingly, Marc-Andre Pelletier (previously vice-president, Quebec operations) has been appointed chief operating officer and will oversee all company operations. The company also wishes to welcome Ben Au and Michael Michaud, who have been appointed as chief financial officer and vice-president, exploration, respectively, who will start Sept. 26, 2017. Biographies for Mr. Au and Mr. Michaud follow below.

Duncan Middlemiss, president and chief executive officer, commented: "On behalf of management and the board of directors, I would like to thank Phil, Hemdat, George and Benoit, whose combined efforts, accomplishments and dedication have positioned Wesdome for growth with an attractive portfolio of Canadian assets. I would also like to thank them for their professionalism with the ongoing facilitation of the transition process. We wish them continued success in their future endeavours. Additionally, I would like to welcome Ben and Michael to the Wesdome team. Both have extensive experience working for public, multiasset, underground gold mining companies in Canada. Their valued expertise will be excellent assets during our next phase of growth to an intermediate gold producer."

Mr. Au

Mr. Au, CPA, CA, has over 35 years of experience in financial management and reporting, mining operations, mergers and acquisitions, risk management, contract negotiation, and strategy development. His previous roles include 10 years as an audit manager at Ernst & Young and 11 years at Agnico-Eagle Mines Ltd. in increasingly senior financial reporting roles. Most recently, he was chief financial officer and vice-president, finance and administration, at St. Andrew Goldfields Ltd., where he oversaw all aspects of the company's internal audit, regulatory compliance and reporting, profit-and-loss management, M&A, and treasury functions. Mr. Au has been instrumental in overseeing significant levels of equity and debt raises for public companies.

Mr. Michaud

Mr. Michaud, PGeo, MSc, is a professional geologist with over 30 years of experience in domestic and international gold exploration and mining that includes a broad range of deposit types within North and South America, Africa, Asia, and Europe. He was responsible for developing and implementing regional and mine-site exploration strategies to discover new deposits and to expand mineral resources and reserves around existing mines. Most recently, he served as Iamgold's chief geologist responsible for providing global geological support for Iamgold's exploration activities worldwide. Previously, he held roles of increasing responsibility for several exploration and mining companies, including vice-president, exploration, for St. Andrew Goldfields and was a principal of SRK Consulting Inc. Mr. Michaud holds an honours BSc from the University of Waterloo and an MSc from Lakehead University. Mr. Michaud is an executive council member of the Geological Association of Canada and was involved with APGO's mentoring program.

About Wesdome Gold Mines Ltd.

The Eagle River complex in Wawa, Ont., is currently producing gold from two mines: the Eagle River underground mine and the Mishi open pit, from a central mill. Wesdome is actively exploring its brownfield asset, the Kiena complex in Val d'Or, Que. The Kiena complex is a fully permitted former mine with a 930-metre shaft and a 2,000-tonne-per-day mill. The company has further upside at its Moss Lake gold deposit, located 100 kilometres west of Thunder Bay, Ont., which is being explored and evaluated to be developed in the appropriate gold price environment.

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