ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

HN

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:HN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

High North Resources-Appointment of Independent Director and Grant of Stock Options

11/06/2014 2:00pm

Marketwired Canada


NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE 
 UNITED STATES. 

High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") is
pleased to report the appointment of Gabriel Ollivier to the board of directors.


Mr. Ollivier brings a wealth of expertise to the Company's board of directors in
the areas of economics, finance, and strategic planning. He is currently the
President and Chief Executive Officer of Equus Energy Advisors Inc., an energy
consulting practice based in Calgary, Alberta. He is also the former President
and Chief Executive Officer of UNX Energy Corp., which was sold in 2011. Prior
to these roles, he spent nine years in the Canadian brokerage industry, most
recently as a Managing Partner and Institutional Equity Salesman at Paradigm
Capital Inc., and also as a Partner and Institutional Equity Salesman at Cormark
Securities Inc. Mr. Ollivier's primary focus at these dealers was on the
development and growth of their presence in the energy and energy services
business. Mr. Ollivier started his career 23 years ago in Calgary's energy
industry in various intermediate and ultimately senior economic, planning, and
financial roles with Canadian Hunter Exploration Ltd., Crestar Energy Inc., and
Murphy Oil Company Ltd. He holds a Masters degree in Economics and a Bachelor of
Commerce degree, both from The University of Calgary, and is also a Chartered
Financial Analyst (CFA) and a Certified Management Accountant (CMA). Mr.
Ollivier joins the Company as an Independent Director.


Colin Soares, the Company's President and CEO stated: "High North is at a
critical crossroads in its efforts to become a premier energy company, and we
expect to greatly benefit from Mr. Ollivier's financial and strategic expertise.
His most recent efforts and success at UNX Energy Corp. speak for themselves and
we look forward to his valuable input."


Option Grant

The Company also announces that effective June 11, 2014, the board of directors
of the Company approved the grant of an aggregate of 1,100,000 stock options to
acquire an equivalent number of common shares of High North to: certain
directors and an officer and an investment relations consultant, San Diego
Torrey Hills Capital Inc., pursuant to the terms of the Company's rolling stock
option plan. Each option is exercisable at a price of $0.56 per common share and
will expire on June 11, 2019. The options are granted subject to the receipt of
the necessary regulatory approvals, including the approval of the TSX Venture
Exchange.


Reader Advisory Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed
"forward-looking statements". Forward-looking statements are statements that are
not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur. In particular, but without
limiting the foregoing, this press release contains forward-looking information
and statements pertaining to, among other things, the following: the impact of
Mr. Ollivier's appointment to the board of directors on the Company. Although
High North believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results may differ materially from
those in forward-looking statements. Forward-looking statements are based on the
beliefs, estimates and opinions of High North's management on the date the
statements are made. Except as required by law, High North undertakes no
obligation to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change.


The forward-looking statements contained in this press release are made as of
the date of this press release, and the Company does not undertake any
obligation to update publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events or otherwise,
except as expressly required by securities law. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
High North Resources Ltd.
Mr. Colin Soares
Chief Executive Officer, President and Director
(403) 454-5565
csoares@highnorthresources.com


High North Resources Ltd.
Mr. Kyle Stevenson
Investor Relations and Director
(604) 687-1779
kstevenson@highnorthresources.com
www.highnorthresources.com

1 Year High North Resources Ltd. Chart

1 Year High North Resources Ltd. Chart

1 Month High North Resources Ltd. Chart

1 Month High North Resources Ltd. Chart

Your Recent History

Delayed Upgrade Clock