Northern Star Announces Management Changes
February 23 2010 - 2:47PM
Marketwired
Northern Star Mining Corp. (TSX VENTURE: NSM)(OTCQX: NSMSF) ("NSM"
or the "Company") announces that Michel David has resigned as
Chairman of the Board, President and CEO of NSM effective
immediately. Mr. David will continue on as a director of the
Company.
The Company has appointed Jonathan Awde, Vice-President,
Corporate Finance, to serve as interim President and CEO of NSM.
Mr. Awde has extensive financial experience and been instrumental
in helping to raise over $80 million for the Company since joining
the board of directors in 2007.
The Board is also reviewing NSM's overall personnel requirements
with a view to expanding development of the Company's Midway gold
project in Val d'Or, Quebec and fulfiling its goals of becoming a
mid-tier gold producer and maximizing shareholder value. Further
management related announcements are expected in the near term.
Mr. Jonathan Awde, spokesman for the Board, stated: "We would
like to sincerely thank Mr. David for his valuable contribution to
the Company for the past 8 years. Under Mr. David's leadership, NSM
successfully assembled an impressive exploration land package in
Val d'Or, Quebec and moved the Midway project from a pure
exploration property to the Company's first gold pour (as announced
on February 5, 2010).
The current management team of NSM is supportive of this change
in leadership as the Company embarks on this important phase at its
Midway gold project in Val d'Or, Quebec.
ON BEHALF OF THE BOARD
Jonathan Awde, President
This press release contains certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Security
Exchange Act of 1934, and involves a number of risks and
uncertainties. Important factors that could cause actual results to
differ materially from the Company's expectations are disclosed in
the Company's documents filed from time to time with, among others,
the TSX Venture Exchange and the British Columbia Securities
Commission. All statements, other than of historical fact, included
herein are forward-looking statements that involve various risks
and uncertainties. There can be no assurance that such statements
will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such
statements.
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.
Contacts: Northern Star Mining Corporation Toll Free (800)
460-5031 or (819) 825-8088 (819) 825-1199 (FAX) www.nsmgold.com
Renmark Financial Communications Inc. Barry Mire:
bmire@renmarkfinancial.com Christine Stewart:
cstewart@renmarkfinancial.com Montreal - Tel.: 514.939.3989 / Fax:
514.939.3717 Toronto - Tel.: 416.644.2020 / Fax: 416.644.2021
www.renmarkfinancial.com
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