Nickel North Appoints Mr. Andrew Lee Smith as Interim President and Chief Executive Officer
July 02 2014 - 9:00AM
Marketwired Canada
Nickel North Exploration Corp. (TSX VENTURE:NNX) (the "Company" or "Nickel
North") announces the appointment of Mr. Andrew Lee Smith as Interim President
and Chief Executive Officer effective June 26, 2014. Mr. Smith replaces Mr.
Phillip Mudry, who served as President and Chief Executive Officer since August
2012.
Mr. Smith is a Professional Geologist. He has over 25 years of experience
successfully exploring, developing and operating North American base and
precious metals mining projects. He is also President and CEO of East Africa
Metals Inc. and a Director of True North Gems Inc.
Mr. Smith holds a BSc in Earth Sciences from the University of Waterloo and is a
member of the Association of Professional Engineers and Geoscientists of British
Columbia. He received the Mining Entrepreneur of the Year Award in 1994 from the
Quebec Prospectors Association for his role in mine development with Aurizon,
and was named Outstanding Alumnus of 2009 by the Science Faculty of the
University of Waterloo for his contributions to mineral exploration.
The Company has terminated the consulting services agreement with Mr. Mudry, and
his consulting company, Geosource Consulting Inc. to act as President and CEO of
Nickel North. The Company would like to thank Mr. Mudry for his service as the
Company's senior executive over the past three years. It is expected that Mr.
Mudry will continue to direct the exploration at the Company's Hawk Ridge
Cu-Ni-PGE project in northern Quebec pending the negotiation of a new consulting
agreement for his services.
On behalf of Nickel North Exploration Corp.
"SIGNED"
Andrew Lee Smith, Interim President and CEO
About Nickel North Exploration Corp.
Nickel North Exploration is a Canada-based exploration company focused on
defining a Cu-Ni-PGE mineral resource at its Hawk Ridge Project in Northern
Quebec. The board of directors, advisor committee and management team are
experienced, successful mine finders. The property consists of a 50 km long belt
of magmatic Cu-Ni-PGE occurrences covering 30,658 hectares. The project is
located near tidewater. Quebec is a mining friendly jurisdiction. Nickel North
Exploration is a conscientious corporate citizen maintains good relations with
local Inuit communities and is committed to sustainable development. For more
information on the company, please visit www.nickelnorthexploration.com.
Disclaimer for Forward-Looking Statements
All statements, other than statements of historical fact, included herein are
forward-looking statements that are subject to risks and uncertainties.
Forward-looking statements are often, but not always, identified by the use of
words such as "seek", "anticipate", "believe", "plan", "estimate", "expect",
"likely" and "intend" and statements that an event or result "may", "will",
"should", "could" or "might" occur or be achieved and other similar expressions.
Forward-looking statements in this news release include a statement regarding
the Company's expectation that Mr. Mudry will continue to direct the exploration
at the Company's Hawk Ridge Cu-Ni-PGE prospect in northern Quebec pending the
negotiation of a new consulting agreement for his services. Forward-looking
statements are subject to business and economic risks and uncertainties and
other factors that could cause actual results of operations to differ materially
from those contained in the forward-looking statements. Important factors that
could cause actual results to differ materially from the Company's expectations
include the Company's ability to successfully negotiate a new consulting
agreement with Mr. Mudry; fluctuations in commodity prices and currency exchange
rates; uncertainties relating to interpretation of drill results and the
geology, continuity and grade of mineral deposits; the need for cooperation of
government agencies and native groups in the exploration and development of
properties and the issuance of required permits; the need to obtain additional
financing to develop properties and uncertainty as to the availability and terms
of future financing; the possibility of delay in exploration or development
programs and uncertainty of meeting anticipated program milestones; and
uncertainty as to timely availability of permits and other governmental
approvals. Forward-looking statements are based on estimates and opinions of
management at the date the statements are made. The Company does not undertake
any obligation to update forward-looking statements except as required by
applicable securities laws. Investors should not place undue reliance on
forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Nickel North Exploration Corp.
604.609.6182
www.nickelnorthexploration.com
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