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NWT NWT Uranium Corp.

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Share Name Share Symbol Market Type
NWT Uranium Corp. TSXV:NWT 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 -

NWT Uranium Announces Resignation of President and CEO, David Subotic

20/12/2013 10:08pm

Marketwired Canada


NWT Uranium Corp. (The "Corporation") (TSX VENTURE:NWT)(FRANKFURT:NMV) announced
today that its Board of Directors has accepted the resignation of David Subotic
as President and Chief Executive Officer of the Corporation and the appointment
of Henry Kloepper as interim CEO. The Board of Directors would like to thank Mr.
Subotic for his services.


Mr. Kloepper is currently Chief Executive Officer of Houston Lake Mining Inc.
and has worked in investment banking and structured finance throughout a 30 year
career. He brings a rounded knowledge of the capital markets, strategic growth
and investments. In the past, Mr. Kloepper has worked in executive positions
with JP Morgan, Citibank, Bank of America, and North American Trust in Canada,
the US and Europe. Currently, Mr. Kloepper is a director of a number of public
companies listed in Canada and the U.S., which are involved in consumer finance,
merchant banking, manufacturing and distribution. His responsibilities range
from lead independent director to chairing audit/compensation committees.
Notable directorships include: Award Capital (Spot Coffee-food and beverage),
National Construction, Mogul Energy (Oil and Gas), DealNet Capital (Consumer
finance/merchant banking), Gilla Inc. (E cigarette manufacturer/distribution),
Sofit Mobile (App. and technology incubator), and Pacific Software Inc. (Metal
Fabrication).


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.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release
includes certain "forward-looking statements" under applicable Canadian
securities legislation. Forward-looking statements include, but are not limited
to, statements with respect to: the terms and conditions of the proposed COB
transaction; use of funds; and the business and operations of the Corporation
after the proposed transaction. Forward-looking statements are necessarily based
upon a number of estimates and assumptions that, while considered reasonable,
are subject to known and unknown risks, uncertainties, and other factors which
may cause the actual results and future events to differ materially from those
expressed or implied by such forward-looking statements. Such factors include,
but are not limited to: general business, economic, competitive, political and
social uncertainties; delay or failure to receive board, shareholder or
regulatory approvals. There can be no assurance that such statements will prove
to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements. The Corporation disclaims any
intention or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise, except as
required by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
TUNED PR
Gavin Davidson
(416) 999-7138
gavin@tunedpr.com

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