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NDR New Dimension Resources Ltd

0.08
0.00 (0.00%)
02 Aug 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
New Dimension Resources Ltd TSXV:NDR 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% 0.08 0.075 0.085 0 01:00:00

New Dimension Appoints New Chief Financial Officer

16/12/2011 12:00pm

Marketwired Canada


New Dimension Resources Ltd. (TSX VENTURE:NDR) (the "Company" or "New
Dimension") is pleased to announce the appointment of Wayne Johnstone C.A., as
its Chief Financial Officer.


Mr. Johnstone graduated from the University of British Columbia in 1977 with a
Bachelor of Commerce (Finance) degree and in 1979 earned his chartered
accountant designation. He has over 30 years of financial experience with public
and private companies. During the past 25 years, Mr. Johnstone has focused on
mineral exploration and development stage public companies throughout North and
South America. Mr. Johnstone was previously Chief Financial Officer of Creston
Moly Corp., during which time he played a significant role with the company
prior to its acquisition by Mercator Minerals Ltd.


"I am very pleased to welcome Wayne to the Company," said Fred Hewett, President
& CEO of New Dimension. "I am confident that his extensive experience with
exploration and development stage companies will be a significant asset to our
team. I would also like to thank Bernie Zaharias who provided excellent
financial guidance during his tenure as CFO with the Company."


Subject to regulatory approval and upon availability under the Company's Stock
Option Plan, the Company has granted 230,000 stock options at $0.15 to officers
and employees. All of the options are exercisable for a period of 5 years from
the date of grant.


The information in this news release has been prepared in accordance with
Canadian regulatory requirements set out in National Instrument 43-101 and
reviewed by Fred Hewett, the Company's President & CEO, a director and a
Qualified Person under NI 43-101.


ON BEHALF OF THE BOARD

NEW DIMENSION RESOURCES LTD.

Fred G. Hewett, P.Eng., President & CEO

This news release may contain forward-looking statements which are not
historical facts, such as statements of belief of similarity of geological
characteristics or features, statements of unverified drilling and sampling
results and expectations of receipt of permits and plans for future work.
Forward-looking statements involve a number of risks and uncertainties that
could cause actual results to differ materially from those projected. These
risks and uncertainties include, but are not limited to, unexpected geological
factors, exploration results, results of verification work and unanticipated
regulatory obstacles. See New Dimension's filings for a more detailed discussion
of factors that may impact expected results.


This news release does not constitute an offer to sell or solicitation of an
offer to sell any securities in the United States. The securities have not been
and will not be registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.


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