NWT Uranium Announces Resignation of President and CEO, David Subotic
December 20 2013 - 6:08PM
Marketwired
NWT Uranium Announces Resignation of President and CEO, David
Subotic
TORONTO, ONTARIO--(Marketwired - Dec 20, 2013) - NWT Uranium
Corp. (The "Corporation") (TSX-VENTURE:NWT)(FRANKFURT:NMV)
announced today that its Board of Directors has accepted the
resignation of David Subotic as President and Chief Executive
Officer of the Corporation and the appointment of Henry Kloepper as
interim CEO. The Board of Directors would like to thank Mr. Subotic
for his services.
Mr. Kloepper is currently Chief Executive Officer of Houston
Lake Mining Inc. and has worked in investment banking and
structured finance throughout a 30 year career. He brings a rounded
knowledge of the capital markets, strategic growth and investments.
In the past, Mr. Kloepper has worked in executive positions with JP
Morgan, Citibank, Bank of America, and North American Trust in
Canada, the US and Europe. Currently, Mr. Kloepper is a director of
a number of public companies listed in Canada and the U.S., which
are involved in consumer finance, merchant banking, manufacturing
and distribution. His responsibilities range from lead independent
director to chairing audit/compensation committees. Notable
directorships include: Award Capital (Spot Coffee-food and
beverage), National Construction, Mogul Energy (Oil and Gas),
DealNet Capital (Consumer finance/merchant banking), Gilla Inc. (E
cigarette manufacturer/distribution), Sofit Mobile (App. and
technology incubator), and Pacific Software Inc. (Metal
Fabrication).
NEITHER THE TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
TSX-VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This
news release includes certain "forward-looking statements" under
applicable Canadian securities legislation. Forward-looking
statements include, but are not limited to, statements with respect
to: the terms and conditions of the proposed COB transaction; use
of funds; and the business and operations of the Corporation after
the proposed transaction. Forward-looking statements are
necessarily based upon a number of estimates and assumptions that,
while considered reasonable, are subject to known and unknown
risks, uncertainties, and other factors which may cause the actual
results and future events to differ materially from those expressed
or implied by such forward-looking statements. Such factors
include, but are not limited to: general business, economic,
competitive, political and social uncertainties; delay or failure
to receive board, shareholder or regulatory approvals. There can be
no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. The Corporation
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
TUNED PRGavin Davidson(416) 999-7138gavin@tunedpr.com
NWT Uranium Corp. (TSXV:NWT)
Historical Stock Chart
From Apr 2024 to May 2024
NWT Uranium Corp. (TSXV:NWT)
Historical Stock Chart
From May 2023 to May 2024