North American Nickel Appoints Chief Financial Officer and Retains Chief Geologist
15 November 2017 - 10:24PM
North American Nickel Inc. (TSX VENTURE:NAN)
(OTCBB:WSCRF) (CUSIP:65704T 108) (the "Company" or “NAN”) is
pleased to announce that it has retained Dr. Peter Lightfoot of
Lightfoot Geoscience Inc. as Chief Geologist and Mr. Chris Hopkins
as Chief Financial Officer of the Company.
Dr. Lightfoot, who in the summer of 2016
published the first comprehensive textbook on the ore deposits
of the Sudbury Igneous Complex, enjoyed a distinguished 20-year
career as a geologist with Inco and Vale beginning in 1996. He was
initially responsible for exploration at Voisey's Bay before being
appointed Chief Geologist responsible for technical aspects of
exploration programs at Voisey's Bay, Sudbury and Thompson. He
began a 10-year career with the Ontario Geological Survey in 1987
and worked extensively on the geology and geochemistry of Sudbury
and Noril'sk before joining Inco in 1986.
Dr. Lightfoot received his B.A. in Earth
Sciences from Oxford in 1980, his M.Sc. degree from the University
of Toronto in 1982 and his Ph.D from the Open University (U.K.) in
1985. He completed post-doctoral studies at the University of
Toronto. At the beginning of 2017, Dr. Lightfoot was appointed as
the Hutchinson Visiting Industry Professor at the University of
Western Ontario.
Mr. Hopkins has over 25 years of financial
management experience in the resources industry. He has spent most
of his career in senior roles with public mining companies,
including U.S. Silver, Rio Algom, BHP Billiton, Suncor and several
Canadian and international junior mining companies.
He received his Bachelor of Commerce degree from
the University of Toronto, his Chartered Accountant designation and
his Master of Business Administration from the Schulich School of
Business at York University.
NAN CEO, Keith Morrison, commented: “I am very
pleased to be adding such highly accomplished individuals to our
team. The appointments of Dr. Lightfoot and Mr. Hopkins will
advance both the technical and financial capacity of the company to
successfully meet the challenges of the Maniitsoq Project and
support the Company through its next phase of growth.
I would like to thank Mr. Alex Dann for his
great work and leadership as CFO for the Company and we wish him
success in his future endeavours.”
About the Company
North American Nickel is a mineral exploration
company with 100% owned properties in Maniitsoq, Greenland and
Sudbury, Ontario.
The Maniitsoq property in Greenland is a Camp
scale project comprising 2,985 square km covering numerous
high-grade nickel-copper sulphide occurrences associated with
norite and other mafic-ultramafic intrusions of the Greenland
Norite Belt (GNB). The >75km-long belt is situated along, and
near, the southwest coast of Greenland accessible from the existing
Seqi deep water port with an all year round shipping season and
abundant hydro-electric potential.
The Post Creek/Halcyon property in Sudbury is
strategically located adjacent to the past producing Podolsky
copper-nickel-platinum group metal deposit of KGHM International
Ltd. The property lies along the extension of the Whistle Offset
dyke structure. Such geological structures host major Ni-Cu-PGM
deposits and producing mines within the Sudbury Camp.
Cautionary Note Regarding
Forward-looking StatementsThis press release contains
certain “forward-looking statements” and “forward-looking
information” under applicable securities laws concerning the
business, operations and financial performance and condition of the
Company. Forward-looking statements and forward-looking information
include, but are not limited to, statements with respect to the
timing and completion of the Offering, the availability of
financing, the availability of regulatory approvals for the
Offering and the anticipated use of proceeds from the Offering.
Except for statements of historical fact relating to the Company,
certain information contained herein constitutes forward-looking
statements. Forward-looking statements are frequently characterized
by words such as “plan,” “expect,” “project,” “intend,” “believe,”
“anticipate”, “estimate” and other similar words, or statements
that certain events or conditions “may” or “will” occur.
Forward-looking statements are based on the opinions and estimates
of management at the date the statements are made, and are based on
a number of assumptions and subject to a variety of risks and
uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the
forward-looking statements. Many of these assumptions are based on
factors and events that are not within the control of the Company
and there is no assurance they will prove to be correct.
Factors that could cause actual results to vary
materially from results anticipated by such forward-looking
statements include the inability to obtain adequate financing, the
inability to obtain regulatory approvals required in relation to
that financing. The Company cautions that the foregoing list of
important factors is not exhaustive. Investors and others who base
themselves on forward-looking statements should carefully consider
the above factors as well as the uncertainties they represent and
the risk they entail. The Company believes that the expectations
reflected in those forward-looking statements are reasonable, but
no assurance can be given that these expectations will prove to be
correct and such forward-looking statements included in this press
release should not be unduly relied upon. These statements speak
only as of the date of this press release. The Company undertakes
no obligation to update forward-looking statements if circumstances
or management’s estimates or opinions should change except as
required by applicable securities laws.
Although the Company has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results not to be anticipated, estimated or
intended. Statements concerning mineral reserve and resource
estimates may also be deemed to constitute forward-looking
statements to the extent they involve estimates of the
mineralization that will be encountered if the property is
developed.
Statements about the Company's future
expectations and all other statements in this press release other
than historical facts are "forward looking statements" within the
meaning of Section 27A of the Securities Act of 1933, Section 21E
of the Securities Exchange Act of 1934 and as that term defined in
the Private Litigation Reform Act of 1995. The Company intends that
such forward-looking statements be subject to the safe harbours
created thereby. Since these statements involve risks and
uncertainties and are subject to change at any time, the Company's
actual results may differ materially from the expected results.
ON BEHALF OF THE BOARD OF
DIRECTORS
Mark Fedikow PresidentNorth American Nickel
Inc.
For more information contact:
North American Nickel Inc.Jaclyn
RuptashCorporate Communications (604) 770-4334Toll free:
1-866-816-0118
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the Exchange) accepts responsibility for the adequacy
or accuracy of this release.
North American Nickel (TSXV:NAN)
Historical Stock Chart
Von Okt 2024 bis Nov 2024
North American Nickel (TSXV:NAN)
Historical Stock Chart
Von Nov 2023 bis Nov 2024