15:35:09 EDT Fri 14 Aug 2026
Enter Symbol
or Name
USA
CA



Wescan Goldfields Inc (2)
Symbol WGF
Shares Issued 77,118,557
Close 2026-08-13 C$ 0.155
Market Cap C$ 11,953,376
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Wescan hires Senergy Communications for marketing

2026-08-14 11:01 ET - News Release

Mr. W. Connor MacNeill reports

WESCAN GOLDFIELDS INC. ANNOUNCES ENGAGEMENT OF SENERGY COMMUNICATIONS CAPITAL INC., COMMENCEMENT OF TRADING ON THE OPEN MARKET OF THE FRANKFURT STOCK EXCHANGE, AND RESAMPLING OF HISTORICAL MUNRO LAKE CORE

Wescan Goldfields Inc. has entered into an agreement dated Aug. 14, 2026, with Senergy Communications Capital Inc. of Vancouver, B.C., whereby Senergy will provide marketing and media distribution services to the company for an initial term of six months commencing on Aug. 14, 2026, subject to renewal following the initial term in accordance with the terms and conditions of the Senergy agreement. Pursuant to the Senergy agreement, the company will pay Senergy a fee of $50,000, plus applicable taxes, payable in full, in advance.

Senergy will provide the company with digital marketing and similar services, including the creation of headlines, descriptions and titles for advertising, Google advertising, implementation of remarketing systems and interactive landing pages, with the aim of increasing investor awareness through various on-line platforms and methods of engagement.

The company will not issue any securities to Senergy as compensation for its marketing services. As of the date hereof, to the company's knowledge, an officer of Senergy owns 67,000 common shares and 25,000 warrants of the company, and Senergy is otherwise at arm's-length to the company.

Frankfurt Stock Exchange quotation

The company also announces that its common shares have been accepted for trading on the Open Market (Freiverkehr) of the Frankfurt Stock Exchange under the symbol W17A. This is a secondary quotation only; the company's common shares continue to be listed on the TSX Venture Exchange under the symbol WGF, which remains the company's principal listing. The Frankfurt quotation does not involve any offering of securities and is not expected to have a material effect on the company's business, operations or share capital.

German and other European retail investors have historically shown strong interest in junior gold and mining issuers. The company pursued the Frankfurt quotation in part to give those investors a euro-denominated venue in which to trade the company's common shares.

Munro Lake historical core resampling

The company also announces that it has completed a relog and resample program on two of the four holes drilled during its 2013 diamond drilling campaign at the Munro Lake project. Drill holes EXML-001 and EXML-002 returned 7.1 grams per tonne gold over 1.02 metres and 67.1 grams per tonne gold over 1.00 metre, respectively (see the company's news release dated June 17, 2013); however, both holes were only sparsely sampled at the time.

The program commenced on July 22, 2026, and was completed on Aug. 11, 2026, during which the company's technical team relogged and systematically resampled both holes from top to bottom, collecting a total of 305 samples from core stored at the company's Jasper mine site. Multiple intervals of quartz veining were observed in both holes that had not been previously sampled, along with sulphide- and diopside-bearing calc-silicate alteration -- an alteration assemblage associated with gold mineralization at the nearby Seabee and Santoy mines operated by SSR Mining Inc.

Core was sawn in half, with one-half submitted for analysis and one-half retained in the core box as a witness sample. Blanks and certified reference standards were inserted as per company protocols. All samples have been submitted to Agat Laboratories for analysis, and results are pending. The company intends to return to fully sample the remaining two holes from the 2013 campaign following the conclusion of its planned 2026 drilling program at Munro Lake.

Note: Exploration on adjacent or nearby properties does not guarantee that similar mineralization exists on a specific property.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by John Shmyr, PGeo, of Dahrouge Geological Consulting Ltd., a registered member of the Association of Professional Engineers and Geoscientists of Saskatchewan. Mr. Shmyr is a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Shmyr has verified the data disclosed in this news release and consents to the inclusion of the matters based on his information in the form and context in which they appear.

About Wescan Goldfields Inc.

Wescan Goldfields is a Canadian junior exploration company focused on the exploration and development of gold projects in Saskatchewan's historic La Ronge gold belt. The company holds a 100-per-cent interest in four gold projects: the Lindsay Lake project; the Munro Lake project; the Jojay Lake project, which hosts the Jojay gold deposit; and the Fork Lake project, which hosts the past-producing Jasper gold mine.

The Jojay gold deposit is the subject of a 2010 NI 43-101-compliant mineral resource estimate completed by A.C.A. Howe International Ltd., comprising an indicated resource of 420,000 tonnes grading 3.7 grams per tonne gold and an inferred resource of 630,000 tonnes grading 4.3 grams per tonne gold (at a 2.0-gram-per-tonne-gold cut-off). The Jasper gold mine was operated by Cameco Corp. in the early 1990s and produced approximately 155,000 tonnes at a grade of approximately 18.5 grams per tonne gold prior to its closure. Shares of Wescan trade on the TSX-V under the symbol WGF and are quoted on the Open Market (Freiverkehr) of the Frankfurt Stock Exchange under the symbol W17A.

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