Nevada Exploration Inc. Adds New Director
25 September 2012 - 9:45PM
Marketwired Canada
Nevada Exploration Inc. (TSX VENTURE:NGE) ("NGE") is pleased to announce the
appointment of Mr. Antonio Ponte to the board of directors effective today.
Mr. Ponte is a Zurich based financial consultant with 40 years of experience in
asset management, private banking, corporate finance, and venture capital. Mr.
Ponte is currently the Founder and Chairman of Raifin SA, a corporate finance
and investor relations consulting firm based in Switzerland. Prior to founding
Raifin SA, Mr. Ponte worked for UBS, Citibank, and Finter Bank, all in
Switzerland.
Wade Hodges, President and CEO: "We are delighted to welcome Antonio Ponte to
the Board. His background complements the strengths of our existing directors,
and his residency, personal relationships, and connections in Europe will help
to raise the profile of NGE and its hydrogeochemistry exploration program in
important new venues."
The Company also announces that, in accordance with the Company's stock option
plan, it has granted to a director incentive stock options to purchase up to an
aggregate of 500,000 common shares exercisable on or before September 25, 2017
at a price of $0.11 per share.
Nevada Exploration Inc.
NGE is an exploration company focused on gold in Nevada. NGE is led by an
experienced management team that has been involved with the discovery of more
than 30 million ounces of gold in Nevada.
NGE is aggressively applying the latest in "blind deposit" exploration
technology to identify, acquire, and advance new exploration properties in
Nevada's highly prospective, yet underexplored covered basins. Specifically, NGE
has developed proprietary hydrogeochemistry (groundwater chemistry) exploration
technology to explore for gold in Nevada's covered basins where traditional
exploration techniques are challenged.
Using its industry leading exploration technology, NGE has assembled a portfolio
of new gold projects, and with ownership interests covering more than 19,000
hectares (73 sq mi), is evolving as a major player in this world class
jurisdiction. NGE's business model is to leverage its properties and technology
to create shareholder value through generative exploration, joint ventures, and
other exploration partnerships.
Cautionary Statement on Forward-Looking Information:
This release contains certain "forward-looking statements" including, without
limitation, expectations, beliefs, plans and objectives regarding the potential
transactions and ventures discussed in this release. Among the important factors
that could cause actual results to differ materially from those indicated by
such forward-looking statements are the risks inherent in mineral exploration,
the need to obtain additional financing, environmental permits, the availability
of needed personnel and equipment for exploration and development, fluctuations
in the price of minerals, and general economic conditions.
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