North American Nickel Management Changes
June 17 2014 - 8:00AM
Marketwired
North American Nickel Management Changes
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 17, 2014) -
North American Nickel Inc. (TSX-VENTURE:NAN)(OTCBB:WSCRF)(CUSIP:
65704T 108) (the "Company") announces that Mr. Richard Mark has
resigned from his position as Chief Executive Officer and Chairman
of the Board of Directors of the Company. Mr. Mark will not stand
for re-election as a director at the July 9, 2014 annual general
meeting of shareholders.
Mr. Mark commented "As a large shareholder of NAN, I am very
optimistic and excited about the 2014 exploration and zone drilling
programs at NAN's 100-per-cent-owned Maniitsoq nickel sulphide
project in southwestern Greenland. Neil Richardson has put together
a fantastic team and I am confident nothing will be overlooked. I
will miss the day to day intensity of running North American
Nickel, but must admit, I look forward to spending more time with
my wife and daughter this summer."
On an interim basis, Mark Fedikow, PhD and P.Geo; will take-on
the CEO role in addition to his responsibilities as President.
Douglas Ford, an independent director, has been appointed
Non-executive Chairman. The Company has commenced a formal CEO
search.
"Our teams in the field headed by Neil Richardson, COO; and
supported by John Pattison our Chief Geologist and by Patti
Tirschmann our Principal Nickel Geologist has the Maniitsoq program
advancing nicely" stated Mark Fedikow, President. "On behalf of our
shareholders, employees and Board of Directors I would like to
thank Rick for his efforts over the past four plus years to get the
Company established and in advancing such a world-class opportunity
at Maniitsoq", Fedikow continued.
About North
American Nickel
North American Nickel is a mineral exploration company with 100%
owned properties in Maniitsoq, Greenland, Sudbury, Ontario, and the
Thompson, Manitoba nickel belt.
The Maniitsoq property in Greenland is a Camp scale project
comprising 3,601 square km covering numerous high-grade
nickel-copper sulphide occurrences associated with norite and other
mafic-ultramafic intrusions of the Greenland Norite Belt (GNB). The
>75km-long belt is situated along, and near, the southwest coast
of Greenland, which is pack ice free year round.
The Post Creek/Halcyon property in Sudbury is strategically
located adjacent to the past producing Podolsky
copper-nickel-platinum group metal deposit of KGHM International
Ltd. The property lies along the extension of the Whistle Offset
dyke structure. Such geological structures host major Ni-Cu-PGM
deposits and producing mines within the Sudbury Camp.
Statements about the Company's future expectations and all other
statements in this press release other than historical facts are
"forward looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the
Securities Exchange Act of 1934 and as that term defined
in the Private Litigation Reform Act of 1995. The Company
intends that such forward-looking statements be subject to the safe
harbours created thereby. Since these statements involve risks and
uncertainties and are subject to change at any time, the Company's
actual results may differ materially from the expected results.
ON BEHALF OF THE BOARD OF DIRECTORS
Mark Fedikow, President
North American Nickel Inc.
Neither the
TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
North American Nickel Inc.Evan Sleeman604-986-2020 or Toll free:
1-866-816-0118
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