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NXX

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Share Name Share Symbol Market Type
TSXV:NXX TSX Venture Common Stock
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National Mining Centre: CEMI Building Relationship with Nordex Explosives Ltd.

10/06/2014 12:00pm

Marketwired Canada


NORDEX EXPLOSIVES LTD. ("Nordex" or the "Corporation") (TSX VENTURE:NXX) is
pleased to announce it has been contacted by the Centre for Excellence in Mining
Innovation ("CEMI") and has had initial discussions about exploring the
potential to collaborate on strategically aligned innovative projects relative
to current challenges in deep mining environments. In particular discussions
focused on the innovative approach and successes Nordex has achieved with its
Scorpion loader systems and its unique explosive formulations and technologies
for development headings, production rounds and up-hole loading in underground
mines.


CEMI is Canada's leading source for underground mining innovation, located in
Sudbury, Ontario and committed to collaborate with small to medium size
enterprises whose ideas, products or services may add value and contribute to
innovation in mining where industry knowledge, imagination and expertise exist
to provide scientific advantages, new ideas and the know-how essential to turn
ideas into workable solutions that can be implemented. 


Nordex recently met with CEMI on its recent trip to the Canadian Institute of
Mining, Metallurgy and Petroleum convention ("CIM") in Vancouver, BC held during
May 11 to 14, 2014. Upon review of Nordex and its line of exclusive explosive
products and recent innovations CEMI initiated further discussions and exercised
due diligence in visiting Nordex at its manufacturing facility near Kirkland
Lake, Ontario.


Jim Taylor, President and CEO of Nordex stated, "It is anticipated that a
relationship with CEMI has the potential to introduce our unique ideas and
acquired knowledge to a larger audience and increase demand for our proprietary
products and technologies in 2014 and beyond. This is in line with our stated
business strategies to position Nordex by the end of 2013 with the expertise,
products and equipment to confidently and aggressively pursue new business
opportunities. We believe our strategy to invest the significant time and
resources necessary to develop these new products, new manufacturing methods,
new equipment and new ideas will ultimately prove to be our long-term strengths.
To have a well respected organization like CEMI appreciate our accomplishments
is certainly gratifying and is a tribute to our employees, management and
directors for their foresight, hard work and perseverance over the last two
years." 


About Nordex Explosives

Nordex Explosives Ltd. is a Canadian-based manufacturer and distributor of
explosives for the mining, quarry and construction industries since 1970. Its
manufacturing operations and distribution centre is strategically located in one
of the world's largest mining regions near Kirkland Lake, Ontario. Nordex is the
exclusive supplier of the "Buttbuster" perimeter control explosive products in
Canada.


Additional information can be found at www.nordexexplosives.com.

About CEMI

CEMI directs and coordinates step-change innovation in the areas of exploration,
deep mining, integrated mine engineering, environment and sustainability for the
metal mining industry. With a seasoned team of program directors, CEMI
identifies, assesses, funds and manages industry-focused applied research &
development projects that extend from geology and engineering to the natural +
social sciences. We recognize innovation is a three-phase process: research,
development and implementation (R & D & I). Following implementation, we work
with the industry to commercialize innovation so as to turn great ideas into
industry best practice. www.miningexcellence.ca 


Neither the TSX Venture nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture) accepts responsibility for the
adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Capital Ideas IR
Dean Stuart
403 517 2270
dean@boardmarker.net


Nordex Explosives Ltd.
Jim Taylor
President and CEO
705 642 3265 extension 203
jtaylor@nordexexplosives.com
www.nordexexplosives.com

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