AGF Makes Early Warning Report

TORONTO , Feb. 11 /CNW/ - February 11, 2010 - AGF Investments Inc. ("AGF") today announced that as a result of the disposition of 42,800 shares, AGF, on behalf of its clients, now has direction over:

    
    -   10,580,670 shares (or 10.21% of the outstanding shares calculated on
        a fully diluted basis) of Wesdome Gold Mines Limited (T.WDO).
    

The disposition of these securities by AGF, on behalf of its clients, was made in the ordinary course of business for investment purposes and was not for the purpose of influencing the control or direction of Wesdome Gold Mines Limited (T.WDO).

About AGF Management Limited

AGF Management Limited is one of Canada's premier investment solutions firms with offices across Canada and subsidiaries around the world. AGF's products and services include a diversified family of award-winning mutual funds, AGF Elements portfolios, the Harmony asset management program, services for institutional and private clients, as well as AGF Trust GICs, loans and mortgages. With approximately $43.4 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

For further information: Martin Hubbes, Executive Vice-President and Chief Investment Officer, AGF Investments Inc., [phone]