VANCOUVER, Jan. 24, 2019 /CNW/ - Northern Vertex Mining Corp. (TSX.V: NEE) (OTC Nasdaq Intl.: NHVCF) (the "Company" or "Northern Vertex") is pleased to announce the appointment of Mr. Geoff Burns to the Company's Board of Directors.
Mr. Burns is Chairman of Maverix Metals Inc. ("Maverix"), an emerging precious metals royalty and streaming company he co-founded in 2016. Prior to Maverix, he served as President, CEO and Director of Pan American Silver Corp. from May 2003 until December 2015. Mr. Burns has more than 35 years experience in the precious metals mining industry, which includes extensive experience throughout North and South America in project development and mine operations. Throughout his career he has led or been a part of numerous capital market transactions raising in excess of $1.2 billion in equity, debt and convertible debt. During his tenure, Mr. Burns was instrumental in completing a number of key transformational acquisitions and oversaw the growth in Pan American's annual silver production from 7.0 million ounces to in excess of 25 million ounces. Mr. Burns holds a BSc. Majors in Geology and an MBA.
"In conjunction with the silver streaming agreement which the Company completed in December of last year, we are delighted to have Geoff Burns join the Board, as Maverix's nominee" said Ken Berry, President & CEO of Northern Vertex. "Geoff's diverse experience in the mining industry at the executive level makes him a strong addition to the team and he will be an excellent resource to draw upon as the Company continues to optimize the value of the Moss Mine."
About Northern Vertex Mining Corp.
Northern Vertex, the newest gold producer in the US, is focused on low cost gold and silver production at its 100% owned Moss Mine in NW Arizona. The Company has experience across all areas of operations, mine development, exploration, acquisitions and financing of mining projects. With operations at the flagship Moss Mine having achieved commercial production, the Company intends to consolidate additional producing or near-term production gold assets within the Western US. Through mergers and acquisitions Northern Vertex's corporate goal is to become a mid-tier gold producer with over 200,000 ounces of gold production annually.
ON BEHALF OF THE BOARD OF NORTHERN VERTEX
President & CEO
Neither 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.
Cautionary Note Regarding Forward-Looking Statements:
The information in this news release has been prepared as at January 23, 2019. Certain statements in this news release, referred to herein as "forward-looking statements", constitute "forward-looking statements" under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as "expected", "may", "will" or similar terms, and include, without restriction, the receipt of TSX Venture Exchange final acceptance of the private placement.
This news release contains statements about our future business and planned activities. These are "forward-looking" because we have used what we know and expect today to make a statement about the future. Forward-looking statements including but are not limited to comments regarding the timing and content of upcoming work and analyses. Forward-looking statements usually include words such as scheduled, may, intend, plan, expect, anticipate, believe or other similar words. Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. We believe the expectations reflected in these forward-looking statements are reasonable. However, actual events and results could be substantially different because of the risks and uncertainties associated with our business or events that happen after the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. To the best of management's knowledge, As a general policy, we do not update forward-looking statements except as required by securities laws and regulations. US investors should be aware that mining terminology used for Canadian mineral project reporting purposes differs significantly from US terminology.
SOURCE Northern Vertex Mining Corp.
For further information: please visit www.northernvertex.com or contact Investor Relations at: 604-601-3656 or at 1-855-633-8798