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KIRKLAND LAKE, ONTARIO--(Marketwired - Apr 30, 2014) - NORDEX EXPLOSIVES LTD. ("Nordex" or the "Corporation") (TSX-VENTURE:NXX) is pleased to announce the filing of the quarterly financial statements and management discussion and analysis for the fiscal period ended March 31, 2014. This information is available on SEDAR and the Corporation's website.
Highlights for this three month period are as follows:
President and CEO Jim Taylor states; "We are extremely pleased with the progress at our new distribution facilities now generating additional revenue for our line of explosives products. We continue to diversify our customer base, with specific focus on generating revenue from the construction business as well as the traditional mining business. With a modest recovery in the mining business, we are starting to see increasing demand from existing and new customers."
Nordex will be attending the CIM conference held in Vancouver, BC from May 11 to 14, 2014. It is expected that management will be meeting with a number of existing and new customers to continue the introduction and education for the Buttbuster line of products.
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
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.
Capital Ideas IRDean Stuart403 517 2270dean@boardmarker.netNordex Explosives Ltd.Jim TaylorPresident and CEO705 642 3265 extension 203jtaylor@nordexexplosives.comwww.nordexexplosives.com
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