Germany: WKN A0MNSR/
VANCOUVER, July 15 /CNW/ - Nass Valley Gateway Ltd. (the "Company" or "NVG") is pleased to announce the appointment of Mr. Barry McGowan, MBA to the Board of Directors and President of its wholly owned subsidiary, Greenville Environomic Energy Ltd. The Company is also pleased to appoint Mr. Jayram Hosanee FCCA, CFE, CIA, and CGA to the Board of Directors.
Mr. McGowan has extensive business experience in the electronic technology area, and is an accomplished executive; including direct experience in business development in Asia and in executive management of several Canadian public companies. For the past decade, he has been consulting internationally on issues of strategic planning, sales & marketing management, and mergers & acquisitions.
Mr. McGowan has designed and implemented affinity marketing and service networks in numerous locations throughout North America and Asia. Residing in Beijing, he recently he oversaw 2 subsidiaries in China and implemented an integrated marketing program and web based delivery system, between a Chinese phone company with over 100 million subscribers and a Canadian public. This involved directing the collaboration with multinational teams of suppliers, marketing specialists, web and db designers in 3 continents and 4 languages.
Mr. McGowan is security cleared to Secret level with the Government of Canada and has been employed in "positions of trust" throughout the world. He holds and MBA with a specialty in Public Relations and Communications Management from Royal Roads University.
Jayram Hosanee is the Chief Financial Officer of the Company and will also be overseeing the financial affairs of NVG's subsidiary "Greenville Environomic Energy Ltd." His experience gained over his 25 years as an international finance professional across a wide range of industries, including manufacturing and distribution, mainly in Europe and Africa, would complement the Board.
As announced in the Company's news release dated April 22, 2010, the Company has an agreement with 7510446 Canada Inc. ("CI"), which gives the Company and its subsidiary, an option to acquire 50% joint venture interest in a patented Waste to Energy Conversion technology and unique production System. NVG will be the general operator and exclusive distributor for Canada for the purpose of marketing and selling the Systems and Production Plants as well as the numerous marketable products derived from the conversion process. Mr. McGowan will provide leadership in positioning the Company to generate revenues and sustainable employment through pursuit of its business and its joint venture activities.
The Company has also appointed Messrs. Alan Moore, Rick Morrison and Bert Kelm to the Advisory Committee.
Mr. Alan Moore is the Chairman & President of the Board of Directors of Greenville Enterprises Inc., which is the development corporation of the Nisga'a Village Government of Greenville and as such has several corporations to develop sustainable business opportunities for the Village Government. He was a Member of the Nisga'a Lisims Government's Council of Elders.
Mr. Rick Morrison provides diverse services of administrative, financial and business advice and has with wide range of industry and banking knowledge, in particular in the field of lending and loan security documentation. He has also entrepreneurial experience and a deep understanding of Aboriginal culture and its governmental structure. He provided various services and management support to Aboriginal Village Governments for several years and desires to provide such services to Nass Valley Gateway and its subsidiaries.
Mr. Bert Kelm, P. Eng. is an engineering consultant. He has held various sales and marketing positions and was engaged as consultant in various Canadian projects. He has also accepted the function of Certified Agent for the Canadian subsidiary (Heromin Machinery) of a large Chinese steel fabrication company (YTO) of which the parent company is a large manufacturer of heavy equipment, castings and forgings for a variety of industries.
The Company also announced that Mr. Edward Skoda has resigned as a director of the Company but has however, agreed to continue on the Company's Exploration Committee and accepted the appointment to the Board of the Company's subsidiary, Greenville Precious Metals Ltd. The Company acknowledges the contributions of Mr. Skoda's services during his tenure on the Board of Nass Valley.
The Company has granted an aggregate of 1,681,000 incentive stock options to its directors, officers, employees and committee members (including the stock options to Mr. McGowan) at an exercise price of $0.05 per share. These options are granted for a three-year period and are subject to vesting provisions.
ABOUT NASS VALLEY GATEWAY LTD.
Nass Valley Gateway is exploring industrial minerals and developing, marketing and establishing environmentally responsible Waste to Energy processes through its 100% owned subsidiary Greenville Environomic Energy Ltd. The Company and its subsidiaries are devoted to building value for their shareholders and employees, contributing to the improvement of the communities in which they operate through employment creation, and implementing sustainable practices designed to preserve and enhance our environment.
The CNSX has not reviewed, and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
SOURCE Nass Valley Gateway Ltd.
For further information: For further information: Mel Stevens, President, Telephone: (250) 621-3286; Or Dieter Peter, Chairman & CEO, Telephone: (604) 685-4170