North American Gem Inc. Adds Extensive Experience to its Advisory Board
February 09 2010 - 10:03AM
Marketwired
North American Gem Inc. (NAG) (TSX VENTURE: NAG) is pleased to
announce the appointment of Mr. William J. Grable to the Advisory
Board. Mr. Grable brings 35 years of experience in every aspect of
the Coal, Limestone, and Sand mining industries to NAG.
Mr. Grable's experience will help expedite the permitting
process as well as provide invaluable insight as NAG continues to
increase its mining operations in the State of Kentucky. He is the
former Commissioner of the Department for Surface Mining
Reclamation and Enforcement, under Governor Wilkinson. He also
served 8 years as an advisor on energy to Governor Patton during
his appointment as Executive Director of the Kentucky Coal Council
and has advised the U.S. Department of Energy as a member of the
Southern States Energy Board when attending the Southern Governors'
Association.
"Adding the expertise of Mr. William J. Grable to our advisory
board is a major step in advancing our mining operations in the
State of Kentucky," stated Charles Desjardins, President of North
American Gem Inc. "With the combined experience of recently
announced Ms. Deborah Moses and Mr. William J. Grable I believe
that we have the right team in place to be a long term coal
producer."
Other notable achievements for Mr. William J. Grable are:
-Assisted in forming Kentucky's Energy Plan.
-Managed the Kentucky Coal Council's education program.
-Assisted coal companies in marketing solutions and advised in
matters involving federal and state government agencies.
-Aided in conversion of Kentucky Universities and state
facilities to clean coal technologies.
-Involved in drafting environmental regulations that improve
Mining Safety such as pre-mining degasification.
-Worked on Carbon Sequestration.
-Worked to create fair and competitive pricing standards
throughout the coal industry.
NAG would also like to announces that pursuant to its stock
option plan, the Company has granted incentive stock options to its
directors, officers, consultants, and employees to purchase in the
total of 700,000 common shares in the capital stock of the company,
subject to regulatory approval, exercisable for a period of five
years, at a price of $0.13 per share.
North American Gem Inc. (TSX VENTURE: NAG) is a Junior
Exploration Company based in Western Canada. The Company's primary
goal is to explore for Coal in North America, currently the focus
is in Kentucky, Saskatchewan, and West Virginia. In addition to
Coal exploration, the Company also has interests in Uranium,
Copper, Gold, Molybdenum and other base metals in Canada.
For additional information please visit
www.northamericangem.com.
On Behalf of the Board of Directors
NORTH AMERICAN GEM INC.
Charles Desjardins, President and Director
Cautionary note:
This report contains forward looking statements. Resource
estimates, unless specifically noted, are considered speculative.
Any and all other resource or reserve estimates are historical in
nature, and should not be relied upon. The production rate and
mine-life projections have been made without support of a
feasibility study, there is no certainty the proposed operations
will be economically viable. By their nature, forward looking
statements involve risk and uncertainties because they relate to
events and depend on factors that will or may occur in the future.
Actual results may vary depending upon exploration activities,
industry production, commodity demand and pricing, currency
exchange rates, and, but not limited to, general economic factors.
Cautionary Note to US investors: The U.S. Securities and Exchange
Commission specifically prohibits the use of certain terms, such as
"reserves" unless such figures are based upon actual production or
formation tests and can be shown to be economically and legally
producible under existing economic and operating conditions.
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.
Contacts: North American Gem Inc. Charles Desjardins President
and Director 604-683-5445 604-687-9631 (FAX)
info@northamericangem.com www.northamericangem.com
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