Northern Gold Announces Change in Management
09 Juni 2014 - 2:35PM
Marketwired
Northern Gold Announces Change in Management
TORONTO, ONTARIO--(Marketwired - Jun 9, 2014) - NORTHERN GOLD
MINING INC. (TSX-VENTURE:NGM) ("Northern Gold" or the "Company")
announces that effective June 1st Mr. Martin Shefsky, interim
President and CEO will succeed Mr. Nuno Brandolini as Chairman of
the Board. Mr. Brandolini will remain active as an independent
board member. In addition, Mr. Eric Moeller, one of the founders of
the Company and an independent director has been named President
and CEO of the Company. Mr. Moeller will remain on the board as an
Executive Director.
"I want to thank Mr. Brandolini for his service as Chairman, and
congratulate Mr. Moeller in his new role in leading the Company as
it transitions its flagship Garrison Property towards production.
Mr. Moeller has actively contributed as an independent director for
the past eight years, providing technical assistance to the
Company," said Mr. Shefsky.
Mr. Moeller, Principle, Nanoparticle Consultancy LC, is a
registered professional geologist (RPG SC374), with more than 35
years experience in exploration, mine development and permitting,
mine/mill management, reclamation, and international sales and
product development. He has served in officer, senior management
and board roles for both public and private companies, and
presently serves on the board of directors of the Vermiculite
Association.
For more information please see the Northern Gold website at
www.northerngold.ca.
About Northern Gold
Northern Gold is a TSXV-listed gold company based in Toronto,
Ontario. The Company's main focus is the exploration and
development of its prospective mineral properties at the Golden
Bear Project in the Larder Lake Mining Division, northeastern
Ontario. Northern Gold has a portfolio of advanced exploration
projects, including the Jonpol and Garrcon Deposits and the
Buffonta Property. Recent transactions, including the amalgamation
with Victory Gold Mines Inc. and acquisition of the Lac Minerals
Property add to the Company's regional consolidation strategy along
the Destor-Porcupine Fault Zone.
CAUTIONARY STATEMENT: Neither the TSXV 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 news release. No stock exchange, securities
commission or other regulatory authority has approved or
disapproved of the information contained herein. This news release
contains forward-looking information which is not comprised of
historical facts. Forward-looking information is 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 and
includes information with respect to, among other things, the uses
of proceeds from financing activities and the status of regulatory
approvals. Forward-looking information involves risks,
uncertainties and other factors that could cause actual events,
results, performance, prospects and opportunities to differ
materially from those expressed or implied by such forward-looking
information. Forward-looking information in this news release is
based on, among other things, the opinions and assumptions of
management considered reasonable as of the date of this news
release, such as that all necessary regulatory approvals will be
received as and when expected, and financing will continue to be
available to the Company on favourable terms or at all. Factors
that could cause actual results to differ materially from such
forward-looking information include, but are not limited to, delays
in obtaining or failures to obtain required regulatory approvals,
changes in equity markets, fluctuations in commodity prices, and
other risks involved in the mineral exploration and development
industry, including those risks set out in Northern Gold's public
documents filed on SEDAR. Although Northern Gold believes that the
assumptions and factors used in preparing the forward-looking
information in this news release are reasonable, undue reliance
should not be placed on such information, which only applies as of
the date of this news release, and no assurance can be given that
such events will occur in the disclosed time frames or at all.
Northern Gold disclaims any intention or obligation to update or
revise any forward-looking information, whether as a result of new
information, future events or otherwise, other than as required by
law.
Northern Gold Mining Inc.Eric MoellerPresident & Chief
Executive Officer415-669-1489EMoeller@northerngold.caNorthern Gold
Mining Inc.Eric SzustakManager, Business
Development905.330.7948eszustak@northerngold.cawww.northerngold.ca
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