Microsoft Word - NGM GG joins the BOD draft 11 (2).docx
Northern Gold Strengthens Board of Directors
TORONTO, ONTARIO April 23, 2015 - NORTHERN GOLD MINING INC. (TSX-V: NGM) ("Northern Gold" or the "Company") today announces the appointment of Mr. Gorden Glenn, as an independent director, to the Company's Board of Directors.
Mr. Glenn has more than 25 years of experience in mining, exploration and capital markets. He is currently Chairman, President & CEO of Minnova Corp. (formerly Auriga Gold Corp.) where he successfully restructured and re-organized the company to preserve and enhance shareholder value. He also is a member of the board of both Entrée Gold and Aurora Gold Corp. Prior to this, Mr. Glenn led the Investment Banking teams in the Mining sector with TD Securities and Desjardins Securities, following a number of years as an equity analyst with various brokerages including GMP Securities and RBC Capital Markets.
Mr. Glenn received his BScH in Geological Sciences from Queen's University in 1988. Following that he spent 9 years in industry as a project geologist with Inmet Mining and Kennecott Canada Inc., where he developed and managed grassroots and advanced exploration programs.
"Mr.Glenn's skill set and extensive experience in the mining industry and capital markets are tremendous assets to Northern Gold as we continue to build value for shareholders," said Mr. Eric Moeller, President and CEO of the Northern Gold Mining.
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 in 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.
For further information on Northern Gold, please contact:
Eric Moeller
President & Chief Executive Officer
Tel: 415.669.1489
Email: [email protected] or
Joanna Longo
Tel: 416.238.1414
Email: [email protected]
CAUTIONARY STATEMENT: Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) 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 the Facility, the Company's present and future financial condition, and the ability of the Company to secure additional sources of financing. 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. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining or failures to obtain TSXV or other required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in Northern Gold's management discussion and analysis for the three month period and year ended March 31, 2014 as filed under the Company's SEDAR profile at www.sedar.com. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, among other things, that financing will continue to be available to the Company on favourable terms or at all, the results of the Company's exploration and development activities will be favourable, and all necessary governmental and regulatory approvals, including TSXV approval, will be received as and when expected. 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 applicable securities laws.