VANCOUVER, Sept. 8, 2011 /CNW/ - Northern Vertex Capital Inc. (TSX.V: NEE) ("Northern Vertex") is pleased to announce that it has signed an agreement (the
"Agreement") by which it may acquire a joint venture interest in a gold
exploration property in the United States. The terms of the Agreement
preclude Northern Vertex from disclosing the nature of the joint
venture interest or the underlying exploration property at this time.
Until the closing of this potential transaction, there is no guarantee
that Northern Vertex will acquire this joint venture interest as
contemplated, or at all. Northern Vertex will provide the market with
additional information as soon as possible under the terms of the
Agreement. Trading of common shares in Northern Vertex was halted on
September 6, 2011 and is expected to remain halted pending TSX Venture
Northern Vertex is a gold exploration and development company operating principally in
the United States and Canada. The Company comprises an experienced
management group with a strong background in all aspects of
acquisition, exploration, development and financing of precious metal
mining projects. The Company's stated mandate is to acquire, develop
and advance asset-based gold projects that demonstrate near term
production potential and long-term sustainable growth.
ON BEHALF OF THE BOARD OF NORTHERN VERTEX
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or the accuracy of this release.
Cautionary Note to US Investors: This news release may contain information about adjacent properties on
which we have no right to explore or mine. We advise U.S. investors
that the SEC's mining guidelines strictly prohibit information of this
type in documents filed with the SEC. U.S. investors are cautioned that
mineral deposits on adjacent properties are not indicative of mineral
deposits on our properties. This news release may contain
forward-looking statements including but not limited to comments
regarding the timing and content of upcoming work programs, geological
interpretations, receipt of property titles, potential mineral recovery
processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties.
Actual results may differ materially from those currently anticipated
in such statements.
SOURCE Northern Vertex Inc.
For further information:
please visit www.northernvertex.com
or contact Colin Clancy at Telephone: 604-601-3656