TORONTO, May 31, 2006 (PRIMEZONE) -- Western Goldfields, Inc. (OTCBB:WGDF) is pleased to announce it will be holding its Annual Meeting of Stockholders on June 14, 2006 at 4:00 P.M. Eastern Daylight Time in the Library Room at the Fairmont Royal York Hotel, 100 Front Street West, Toronto, Ontario, Canada.
Mr. Randall Oliphant, Chairman and Mr. Raymond Threlkeld, President and Chief Executive Officer will update shareholders on the progress to date on the Mesquite Mine development and the affairs of the Company. A definitive proxy statement was mailed last week to shareholders of record at the close of business on May 19, 2006.
Western Goldfields' principal asset is the Mesquite gold mine located in Southern California.
Certain statements contained herein and subsequent oral statements made by and on behalf of the Company may contain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are identified by words such as "intends," "anticipates," "believes," "expects" and "hopes" and include, without limitation, statements regarding the Company's plan of business operations, potential contractual arrangements, receipt of working capital, anticipated revenues and related expenditures. Factors that could cause actual results to differ materially include, among others, those set forth in the Company's Annual Report on Form 10-KSB for the fiscal year ended December 31, 2005 under the caption, "Risk Factors." Most these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking statements. Except as otherwise required by applicable securities statutes or regulation, the Company disclaims any intent or obligation to update publicly these forward looking statements, whether as a result of new information, future events or otherwise.