Montreal, December 15, 2015 -
NioGold Mining Corp. (TSX-V: NOX) (OTCQX: NOXGF) ("NioGold" or the "Company") announces changes to its board of Directors (the "Board"). Mr. Bryan A. Coates has resigned from the Board effective immediately. The Board is pleased to announce the appointments of Mr. John W. W. Hick and Mr. Jeff Hussey as new Board members effective today.
Mr. Robert Wares, President, CEO and director, stated, "I wish to thank Mr. Coates for his excellent contribution to the Company. I am pleased to welcome Messrs. Hick and Hussey as independent Directors, noting their business experience in the mining industry is a strong complement to our Board. Mr. Hick will also chair the audit committee in replacement of Mr. Coates".
Mr. John W. W. Hick is a corporate director and President & CEO of his own consulting firm, John W. W. Hick Consultants Inc. He is an independent director of a number of TSX and TSXV companies. He has over the last 30 years held senior management positions in a number of mining companies, including President & CEO of
Medoro Resources Ltd. from October 2009 to September 2010, CEO of
Rio Narcea Gold Mines Ltd. from December 2004 to January 2006, President & CEO of Geomaque Exploration Inc. / Defiance Mining Corp. from December 2001 to September 2004 and President of TXV Gold Inc. from 1993 to 1997. Mr. Hick is a member of the Law Society of Upper Canada, although not currently practicing law.
Mr. Jeff Hussey, P. Geo., is a professional consulting geologist with 30 years experience in mine site resource development, open pit and underground mine operations, and more recently, as a mining project developer. He worked for over 19 years at Noranda/Falconbridge, where he developed technical skills and corporate values in safety, sustainability, and optimization. Operational experience includes Brunswick No. 12, Gaspe Copper and Raglan underground base metal mines, open pit operations include the Antamina Mine start up in Peru. Mr. Hussey's responsibilities included general foreman of open pit operations, site services, water treatment, including optimization projects in the Concentrator and Site Services Departments. He was certified in project scoping and management, integrating quality control, continuous improvement for process optimization gains. Since 2007, Jeff Hussey and Associates has helped junior mine development companies by offering exploration, mining, and geo-metallurgical support services.
For information on NioGold Mining Corp. contact:
NioGold Mining Corp.
Michael A. Iverson
miverson@niogold.com
Tel: (604) 856-9887
Dale Paruk
dparuk@niogold.com
Tel: (604) 510-4505
Louis Baribeau
lbaribeau@niogold.com
Tel: (514) 667-2304
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
FORWARD-LOOKING STATEMENTS
This news release includes "forward looking statements", as that term is defined in Section 27A of the Unites States Securities Act of 1933, as amended, and Section 21E of the United States Exchange Act of 1934, as amended, that are subject to assumptions, risks and uncertainties. Statements in this news release which are not purely historical are forward looking statements, including without limitation any statements concerning the Company's intentions, plans, estimates, expectations or beliefs regarding the future. Although the Company believes that any forward looking statements in this news release are reasonable, there can be no assurance that any such forward looking statements will prove to be accurate. The Company cautions readers that all forward looking statements, including without limitation those relating to the Company's future operations and business prospects, are based on assumptions none of which can be assured, and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward looking statements.
Any forward looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward looking statements, or to update the reasons why actual events or results could or do differ from those projected in the forward looking statements. Except as required by law, the Company assumes no obligation to update any forward looking statements, whether as a result of new information, future events or otherwise.
CAUTIONARY NOTE TO U.S. INVESTORS
The United States Securities and Exchange Commission (the "SEC") permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms in this news release, such as 'measured resources', 'indicated resources' and 'inferred resources', which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. The news release may contain information about adjacent properties on which we have no right to explore or mine. U.S. investors are cautioned that mineral deposits on adjacent properties may not be indicative of mineral deposits on our properties.
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