VANCOUVER, Sept. 23, 2012 /CNW/ - Northern Vertex Mining Corp. (TSX.V:NEE) (OTCQX:NHVCF) ("Northern Vertex") is pleased to announce the appointment of Mr. Ed J. Duda, BBA, CMA, to the position of CFO and Corporate Secretary of the Company, effective September 23, 2012.
Mr. Duda is a Certified Management Accountant who brings Northern Vertex over 22 years of senior industry experience within private and public companies in all aspects of corporate finance, administration, strategic planning, operations, business development, risk management and technology implementation.
States Northern Vertex President & CEO Kenneth Berry, "We are very pleased to welcome Mr. Duda aboard the Northern Vertex team. His diverse background in public capital markets, finance and business development, will undoubtedly play a key factor in our future growth, as we continue to pursue our transition from gold exploration, through development and into production."
Amongst his credentials, Mr. Duda is a former Senior Vice-President and Chief Financial Officer of Vancouver-based Union Securities Ltd. During his tenure with the full-service broker dealer, he served as a senior member of the Executive Committee and was responsible for overseeing finance, regulatory reporting & risk management for 14 offices and over 300 employees, located nationwide and the UK.
As a former Vice-President, Chief Financial Officer & Privacy Officer of Group Health Global Partners Inc., Mr. Duda was a key member of a senior management team with finance and IT responsibility encompassing numerous entities and about 150 employees situated in branch offices nationwide. As former Chief Operating Officer of Haywood Securities Inc., Mr. Duda was responsible for overseeing daily operations and major annual budgets for leading independent broker dealer with investment dealer divisions, capital markets and investment banking encompassing 275 employees located nationwide.
As former VP, Administration & Credit for Blackmont Capital Inc., (Formerly First Associates Investments Inc. and Yorkton Securities Inc.), he successfully restructured the operation, re-staffed it with qualified and dedicated personnel, re-designed core processes, and developed cost reduction initiatives and controls culminating in annual savings of $6M.
Mr. Duda holds a Certified Management Accountant Designation from the Society of Management Accountants of Canada, Vancouver, BC and a Bachelor of Business Administration Degree (Accounting & Finance) from Simon Fraser University, Burnaby, British Columbia.
About Northern Vertex: 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 gold projects that demonstrate near term production potential and long-term sustainable growth.
ON BEHALF OF THE BOARD OF NORTHERN VERTEX
"Joseph Bardswich", Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
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 Mining Corp.
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For further information, please visit www.northernvertex.com
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