NX Capital Co. Announces Management Change
February 13 2014 - 10:15AM
Marketwired
NX Capital Co. Announces Management Change
DENVER, CO--(Marketwired - Feb 13, 2014) - NX Capital Co. (OTC
Pink: NXCP) announced today that John Conroy has been appointed as
the Company's Chief Executive Officer and as a Director and
Chairman of the Board. Mr. Conroy is an experienced executive and
entrepreneur with more than 30 years of financial and CEO
experience. His expertise focuses on turn around and start-up
operations of new and existing companies. In his new role, Mr.
Conroy will focus on building an exploration company positioned in
the Uranium industry in the United States.
"NX Capital has a sound business model in the Uranium sector.
The company's immediate goals are financially driven and focus on
achieving fully reporting status with the SEC and securing the
funding to ignite the Company's acquisition strategy. Additionally,
we will work with our former CEO, Kelly Dearth and other industry
specialists to build an experienced management team and add to our
Board of Directors," said Mr. Conroy, CEO for NX Capital. Mr.
Conroy further stated, "I'm excited about the anticipated changes
in market conditions for Uranium worldwide, and NX Capital will be
positioned to aggressively identify and execute its strategic
business model."
Mr. Conroy replaces Kelly Dearth who has resigned as a director
and CEO for personal reasons. Mr. Dearth has agreed to continue
working with the Company as a consultant and will assist Mr. Conroy
in identifying strategic acquisition targets.
NX Capital Co. is seeking to develop its operations in the
Uranium industry, with a focus in the Western United States. At the
time of this release, the Company is currently identifying
potential property acquisitions, though it has not finalized any
new agreements. Management cannot make any guarantees that it will
be able to identify and close any such acquisition(s).
Forward-Looking Statement This press release may contain
certain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. Investors are
cautioned that such forward-looking statements involve risks and
uncertainties, which include among others, the inherent
uncertainties associated with mining and energy exploration and
development stage exploration companies including without
limitation, other risks associated with private companies.
At the time of the
press release, the Company is not registered with the Securities
and Exchange Commission (SEC) and does not have available for
public dissemination its financial reports or other disclosure
information.
Contact Information: John Conroy CEO 225-273-1100
john@pestop.com
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