WTM is focussed on the exploration and development of district-scale gold projects in the major gold camps of North America. On August 27, 2009 the Company announced that it had entered into a Business Combination Agreement with Lake Shore Gold Corp. (LSG:TSX) whereby, pending shareholder approval, all of the outstanding shares of West Timmins Mining will be exchanged for shares of Lake Shore Gold at a ratio of 0.73 of a share of Lake Shore Gold for every 1 share of WTM held. Upon the successful completion of the Business Combination Agreement, West Timmins Mining will become a wholly owned subsidiary of Lake Shore Gold and the combined companies will control a dominant land position, consisting of over 125 square kilometres of mineral exploration and development rights, in the quickly emerging West Timmins Gold District.
