VANCOUVER, British Columbia, March 08, 2021 (GLOBE NEWSWIRE) — Norsemont Mining Inc. (CSE: NOM, OTCQB: NRRSF, FWB: LXZ1) (“Norsemont” or the “Company”) is pleased to announce the appointment of Dr. Adrian King to the Board of Directors. Mr. King is a seasoned mining executive who joined Teck Resources Limited more than thirty-five years ago. His global experience in exploration and exploration management included extended assignments in London, Brussels, Santiago, Spokane and Vancouver where he now resides. Adrian has held a number of positions with Teck including managing the Chilean and Argentinian exploration offices; Chief Geologist at Red Dog where he was involved in the drill definition of the Anarraaq deposit and the first holes drilled into the giant Aktigiruq zinc system; General Manager of Europe, Africa and Asia, and head of the Gold Group in 2010-2015. He was appointed Head of Global Exploration at Teck in 2016, overseeing all exploration projects world-wide. Roles have covered projects of all stages from generative through to evaluations, commercial and resource-reserve definition (greenfield and brownfield). Mr. King has authored and co-authored several scientific papers and was a member of a number of discovery teams including Black Angel Plateau, Greenland; Aktigiruq, Red Dog; Cerattepe, Agi Dagi, Kirazli, Halilaga, Demir and TV Tower in Turkey.Adrian holds a BSc and PhD from the Royal School of Mines, Imperial College, London, UK.Marc Levy, CEO of Norsemont said, “We continue to build out a world class mining team, we welcome someone of Dr. King’s caliber to the board of directors. His experience and knowledge of Chile will be invaluable during our exploration campaigns to advance Choquelimpie.”Pursuant to the Company’s Omnibus Equity Incentive Plan, it has issued stock options and restricted share units (“RSUs”) to directors, officers, employees and consultants. 440,000 RSUs were awarded and 100,000 stock options were granted to purchase 100,000 common shares exercisable at a price of $0.56 per share for a period of five years. Both options and RSUs vest over a period of two years.About Norsemont Mining Inc.Norsemont comprises experienced natural resource professionals focused on growing shareholder value and fast tracking its flagship project through to bankable feasibility. Norsemont Mining owns a 100-per-cent interest in the Choquelimpie gold-silver project in northern Chile, a previously permitted gold and silver mine. Choquelimpie has over 1,700 drill holes, with significant existing infrastructure.On behalf of the Board of Directors, NORSEMONT MINING INC.Marc Levy CEO & ChairmanFor more information, please contact the Company at: Telephone: (604) 669-9788; Facsimile: (604) 669-9768Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Before you continue, please confirm the following:
Professional advisers only
I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.
Important Notice for Investors:
The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.
No Investment Advice:
The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.
High Risks:
Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.
Sole Responsibility:
The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.
No Guarantees:
Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.
Regional Restrictions:
The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.
Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.