TSX.V: N OTC Pink: NXTTF
VANCOUVER, Sept. 7, 2012 /CNW/ - Next Gen Metals Inc. ("the Company")
(TSX.V: N, OTC Pink: NXTTF). is pleased to announce the results of the
2012 Annual General and Special Meeting (the "AGSM") held September 6,
2012 at the Company's executive offices in Vancouver, B.C.
At the AGSM, James Stafford Chartered Accountants Inc. was re-appointed
as the Company's auditors. The Company's stock option plan was approved
by the shareholders as well as a proposed share consolidation not to
exceed three (3) old common shares for one (1) new common share was
approved. The actual necessity on whether to proceed with the
consolidation is to be determined by the Company's directors and will
be subject to TSX Venture approval. The shareholders also voted in
favour of electing the Company's nominees as directors: Harry Barr,
Linda Holmes, Kevin Lawrence and John Londry.
The Board of Directors of the Company further announce the resignation
of Paul Reinhart as a director of the Company. The Board wishes to
thank Mr. Reinhart for his services to the Company and wishes him
success in his future endeavors.
The Company's Directors are pleased to announce Mr. Michael Neumann P.
Eng. has been appointed to its Board of Directors at the Directors
Meeting held following the Company's 2012 AGSM.
Mr. Neumann brings significant experience in the mining arena and has
been Proprietor of Neumann Engineering and Mining Services, Inc. since
1993 providing international engineering services focusing primarily on
underground hard rock engineering facets such as mine design,
productivity improvements, rock mechanics, second opinions, peer
reviews and other types of studies.
Mr. Neumann is a graduate of Haileybury School of Mines and Michigan
Technological University (Mining Engineering Degree) a member of the
Canadian Institute of Mining, the International Society of Rock
Mechanics and the Association of Professional Engineers of Ontario.
Concurrent with his current position, from 2003 to 2006, Mr. Neumann
was Director and Chief Operating Officer of Silver Eagle Mines Inc.,
(now Excellon Resources Inc.) a TSX listed Canadian-based silver
exploration and development company focused on acquiring, exploring and
developing high grade silver deposits among the silver mines in
Mexico. Prior to this Mr. Neumann was Co- Founder and Director of the
Engineering Seismology Group Inc. based in Kingston, Ontario. His
early industry experience includes positions of Chief Engineer at
Campbell Red Lake Mines and Underground Superintendent at Barrick's
Holt McDermott Mine.
About Next Gen Metals Inc.
Next Gen Metals Inc. is a mineral exploration company with a primary
focus on gold, silver and base metals projects in North America.
The Company's portfolio features a gold/base metals exploration project
in the Abitibi Greenstone Belt, 90 km north of Val d'Or, Quebec called
the Fate Project. The Company is also exploring the Silver Chalice
epithermal gold-silver Project in Alaska.
The Company is aggressively seeking and continues to evaluate advanced
stage gold, silver and base metals projects to add to its property
On behalf of the Board of Directors
President and CEO
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..
Note: this release contains forward-looking statements that involve
risks and uncertainties. These statements may differ materially from
actual future events or results and are based on current expectations
or beliefs. For this purpose, statements of historical fact may be
deemed to be forward-looking statements. In addition, forward-looking
statements include statements in which the Company uses words such as
"continue", "efforts", "expect", "believe", "anticipate", "confident",
"intend", "strategy", "plan", "will", "estimate", "project", "goal",
"target", "prospects", "optimistic" or similar expressions. These
statements by their nature involve risks and uncertainties, and actual
results may differ materially depending on a variety of important
factors, including, among others, the Company's ability and
continuation of efforts to timely and completely make available
adequate current public information, additional or different regulatory
and legal requirements and restrictions that may be imposed, and other
factors as may be discussed in the documents filed by the Company on
SEDAR (www.sedar.com), including the most recent reports that identify important risk
factors that could cause actual results to differ from those contained
in the forward-looking statements. The Company does not undertake any
obligation to review or confirm analysts' expectations or estimates or
to release publicly any revisions to any forward-looking statements to
reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events. Investors should not place undue
reliance on forward-looking statements.
SOURCE: Next Gen Metals Inc.
For further information:
Please send requests for further information to:
Ali H.Alizadeh, Vice President Exploration
Next Gen Metals Inc.