Northisle Appoints New Director; Options Granted
12 Février 2014 - 10:00PM
Marketwired
Northisle Appoints New Director; Options Granted
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 12, 2014) -
Northisle copper and Gold Inc. Inc. (TSX-VENTURE:NCX) ("Northisle"
or the "Company") is pleased to announce the appointment of Larry
Yau to the Board of Directors.
Mr. Yau has over 20 years of financial and business experience
gained primarily in the mining and resources sectors. Currently,
Larry is Chief Financial Officer for Spanish Mountain Gold Ltd. an
advanced gold exploration company based in British Columbia. Prior
to this, Larry was the Chief Financial Officer for two junior
mining companies where he was instrumental in the financing,
development and construction of mines in North America. Larry was
also Manager, Corporate Development, at Placer Dome Inc. until its
acquisition by Barrick Gold Corp. and participated in several
high-profile, international acquisitions. He is a Canadian
Chartered Accountant.
Options Granted
The Company has approved the granting of stock options to
directors, officers and consultants for the purchase of 1,375,000
common shares of the Company. The options will vest over a two-year
period, with one-third vested on issue, one-third on the first
anniversary date and one-third on the second anniversary date.
These options have a five-year term and allow the holder to
purchase one common share of the company for $0.05 cents a share
until February 11, 2019.
About Northisle
Northisle is a Vancouver based junior resource company committed
to the exploration and development of the North Island Copper-Gold
Project on Northern Vancouver Island. The North Island Copper-Gold
Project is situated approximately 15-40 kilometres southwest of
Port Hardy and contains the Hushamu Deposit and five other
partially explored copper-gold porphyry occurrences. The Company
has a current resource estimate on the Hushamu Deposit which has
been filed on Sedar. The project is 100% owned by Northisle.
For more information on Northisle and the Hushamu Deposit please
visit the Company's website at www.Northisle.ca.
On behalf of Northisle Copper and Gold Inc.
John McClintock, President, CEO and Director
Neither the TSX Venture Exchange 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.
This news release contains forward-looking statements. These
forward-looking statements are based upon the reasonable beliefs of
Northisle and its management as of the date of this news release;
however, forward-looking statements involve risks and uncertainties
and are based upon factors that may change and assumptions that may
prove, with the passage of time, to be incorrect as a result of
exploration and other risk factors associated with mineral
exploration and development that are beyond the control of
Northisle. Accordingly, undue reliance should not be placed upon
such statements. If factors materially change or assumptions are
materially incorrect, the actual results, performance or
achievements of Northisle may be materially different from any
future results, performances or achievements expressed or implied
by such forward-looking statements. Northisle does not undertake
any obligation to update or revise any forward-looking statements
to reflect new information, future events or otherwise, except as
required by applicable law.
Northisle Copper and Gold Inc.John McClintockPresident, CEO and
Director604-638-2515604-669-2926www.northisle.ca
NorthIsle Copper and Gold (TSXV:NCX)
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