TORONTO, June 28, 2012 /CNW/ - The Board of Pure Nickel Inc. (TSX: NIC)
(the "Company") is pleased to announce the appointment of Thomas S.
Kofman as a director. Mr. Kofman is Founder and Chairman of M Partners
Inc., an independent full-service investment bank, which since its
inception in 2005 has provided over $3.5 billion of financing to
multiple sectors including mining. He has more than 25 years of
experience in North American capital markets as both issuer and
banker. Mr. Kofman, a Chartered Accountant with a Bachelor of Arts
degree from York University, also serves as a director and chair of the
audit committee of Urbanfund Corp (TSXV: UFC).
R. David Russell, Chairman Of the Board of Pure Nickel commented, "We
are delighted to welcome Mr. Kofman to the Board of Pure Nickel. His
capital market experience can only strengthen our board of directors."
Further, a director has been granted 100,000 options at an exercise
price of $0.065 for a term of three years, vesting immediately. The
options are subject to the terms and conditions of the Company's Stock
About Pure Nickel Inc.
Pure Nickel is a mineral exploration company with a diverse collection
of mineral exploration projects in North America. With approximately
$5.5 million working capital, Pure Nickel is in a strong position to
advance its property portfolio.
Some of the statements contained herein may be forward-looking
statements which involve known and unknown risks and uncertainties.
Without limitation, statements regarding potential mineralization and
resources, exploration results, expectations, plans, and objectives of
Pure Nickel are forward-looking statements that involve various risks.
The following are important factors that could cause Pure Nickel's
actual results to differ materially from those expressed or implied by
such forward-looking statements: changes in the world wide price of
mineral commodities, general market conditions, risks inherent in
mineral exploration, risks associated with development, construction
and mining operations, the uncertainty of future exploration activities
and cash flows, and the uncertainty of access to additional capital.
There can be no assurance that forward-looking statements will prove to
be accurate as actual results and future events may differ materially
from those anticipated in such statements. Pure Nickel undertakes no
obligation to update such forward-looking statements if circumstances
or management's estimates BT or opinions should change. The reader is
cautioned not to place undue reliance on such forward-looking
The TSX Exchange does not accept responsibility for the adequacy or
accuracy of this release.
SOURCE Pure Nickel Inc.
For further information:
The Howard Group Investor Relations
T. (888) 221-0915
CHF Investor Relations
T. (416) 868-1079 x 231
Pure Nickel Inc.
President and CEO
T. (416) 644-0066