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Newmac Resources Inc.

Published : March 31st, 2008

Appoints Schmidt to President, CFO at Annual General Meeting

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News Release

March 28, 2008

Newmac Appoints Schmidt to President, CFO at Annual General Meeting

Newmac Resources Inc.’s (TSX-V: NER, Frankfurt: N3M) “shareholders have approved all items put forth at the annual general meeting of shareholders held on Wednesday, March 20, 2008.

At a meeting of directors held subsequent to the meeting of shareholders, the directors appointed David Schmidt as the new president and chief financial officer of the company. David Hjerpe will remain the chief executive office of Newmac, and Bill Morton will remain as a director.

With the company's growth and success in 2007, it became clear to the board of directors that Mr. Hjerpe and Mr. Morton would need assistance with their duties as CEO, CFO, and president. Mr. Schmidt, who has been a director since April, 2005, brings eight years of industry experience to the table. The board is very thankful for Mr. Hjerpe’s and Mr. Morton’s efforts to date and are grateful for Mr. Schmidt's commitment to step in as president and chief financial officer and work with Mr. Hjerpe the chief executive officer to continue the growth of the company into the future.

Mr. Schmidt completed his bachelor of applied science (mining) at the University of British Columbia in May, 2000, and since then has been working as a self-employed consultant to mineral exploration and venture capital companies. He assists with financings, corporate and financial disclosure, and corporate development, including project evaluation. Mr. Schmidt is also a director of three other TSX Venture Excyhange-listed companies.

THE TSX VENTURE EXCHANGE DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 

Dale Paruk

Coal Harbor Communications Inc.

Suite 701, 555 Jervis Street

Vancouver BC

Canada V6E 4N1

 

Tel: 604-662-4505

Fax: 604-662-4547

 

 

Newmac Resources Inc.

CODE : NER.V
ISIN : CA6515223023
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Newmac Resources is a molybdenum and tungsten exploration company based in Canada.

Newmac Resources holds various exploration projects in Canada.

Its main exploration properties are NEWMAC PROJECT, CHILANKO PROPERTY and CRAZY FOX in Canada.

Newmac Resources is listed in Canada and in Germany. Its market capitalisation is CA$ 2.8 millions as of today (US$ 2.2 millions, € 2.0 millions).

Its stock quote reached its lowest recent point on December 24, 2008 at CA$ 0.02, and its highest recent level on November 26, 2010 at CA$ 4.00.

Newmac Resources has 9 716 042 shares outstanding.

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Annual reports of Newmac Resources Inc.
Annual Report 2007
Financings of Newmac Resources Inc.
9/2/2009Arranges $600,000 Private Placement
6/8/2007Arranges $700,000 Private Placement
Nominations of Newmac Resources Inc.
3/31/2008 Appoints Schmidt to President, CFO at Annual General Meetin...
Project news of Newmac Resources Inc.
11/17/2009(Crazy Fox)Crazy Fox And Moira Update
10/19/2009(Crazy Fox)starts diamond drilling at Crazy Fox, BC
9/1/2009(Crazy Fox)completes geochemical survey at Crazy Fox
9/23/2008(Crazy Fox)Drills 78 m (256 ft) of 0.10% MoS2, Mineralization now exten...
4/24/2008(Crazy Fox) High Grade Molybdenum Mineralization now Extends over 250m
3/31/2008(Crazy Fox)Drills 72 Meters of 0.41% Molybdenite, Drilling Continues wi...
1/28/2008(Crazy Fox)Drilling Commences With Two Diamond Drills First Round 2008 ...
1/28/2008(Raft Molybdenum)Raft Molybdenum Property; Optioned Chilanko Results Received
1/10/2008(Fox Molybdenum)Receives Additional Assays - Increases Intersection to 150 M...
1/7/2008(Fox Molybdenum)Reports Partial Assays of 98 Metres Grading 0.33% MoS??2??
11/14/2007(Fox Molybdenum) Drills over 500 Meters of a New Molybdenum Mineralized Zone...
10/30/2007(Chilanko Property) Discovers Red Bed Mineralization at Chilanko
9/14/2007(Chilanko Property)Begins Six-hole Drill Program At Chilanko
Corporate news of Newmac Resources Inc.
2/23/2015Resignation Of Director
2/23/2015IIROC Trading Halt - NER
2/12/2015Current Quote:
2/11/2015Current Quote:
1/13/2015Current Quote:
1/12/2015Current Quote:
8/3/2010to sample and survey Ready Mix property, Clearwater BC
6/15/2010options Ready Mix, buys property near Raft
11/4/2008to Participate in BC Asian Pacific Trade Mission
7/9/2008Drills 212 Metres of 0.08% M0S2 at Crazy Fox - Drilling Cont...
5/28/2008Drills 374 Metres of 0.12% M0S2 at Crazy Fox - Drilling Cont...
4/29/2008Acquires Work Camp: Drilling Continues with Two Diamond Dril...
3/25/2008Closes Financing with Sprott Molybdenum
12/5/2007Arranges $1-Million Financing
11/29/2007Options Moira Molybdenum Property near Clearwater, BC
11/28/2007Negotiates $2.5 Million Financing
8/2/2007Tungsten And Molybdenum Mineralized Area Increases At Crazy ...
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