(DNI : TSX-Ven, DG7 : Frankfurt)
TORONTO, June 7 /CNW/ - DNI Metals Inc. (DNI:TSX-Ven, DG7:FSE) is pleased to announce the appointment of Mr. Michael Butler, of Mississauga, Ontario, as a director. Mr. Butler brings to DNI over 25 years of financial industry experience.
Amongst his many accomplishments in the financial services industry, Mr. Butler was founder and President of Northwest Mutual Funds, one of Canada's fastest growing mutual fund companies. He led the merger of Northwest and The Ethical Funds Company in 2008, creating a business with over $4.3 Billion in assets under management. Mr. Butler is a past Director and former member of the Audit Committee of the Investment Funds Institute and a former member of the Young Presidents Association.
Mr. Denis Clement, the Chairman of DNI, commented: "we are very pleased to have someone with Michael's extensive experience on the Board of DNI. His strong management, marketing and sales experience in the financial industry will significantly assist DNI in developing its large Polymetallic Black Shale Project in Alberta."
Mr. Butler replaces Mr. David G. Wahl who has retired from the Company's board but has been appointed an advisor to the Company. DNI wishes to thank Mr. Wahl for his dedicated service as a member of DNI's board since 2006, but looks forward to continue working with him as a member of DNI's advisory board.
DNI continues to focus its efforts on its polymetallic black shale Properties in Alberta, and on its carried interest in the recent diamond discovery from its Attawapiskat Property, Ontario.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
DNI - TSX Venture
DG7 - Frankfurt
SOURCE DNI Metals Inc.
For further information: For further information: DNI Metals Inc. - Shahe Sabag, President & CEO or Denis Clement, Chairman, (416) 595-1195, email firstname.lastname@example.org; Also visit www.dnimetals.com