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NXX

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Share Name Share Symbol Market Type
TSXV:NXX 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 -

Nordex Rebrands Underground Loader Systems as the Scorpion(s) and Realizes Return on Investment in 1st Quarter of 2014

15/04/2014 2:00pm

Marketwired Canada


NORDEX EXPLOSIVES LTD. ("Nordex" or the "Corporation") (TSX VENTURE:NXX) is
pleased to announce the completion of the extensive development and positive
field testing of the Scorpion Underground Loader Systems ("Scorpion"); a robotic
arm bulk emulsion explosives loading system for use in underground mining
operations. The Scorpion is a proprietary system designed, built and owned by
Nordex that allows for a safer and more cost effective method of delivering
exclusive Normite bulk emulsion products to the blast hole.


The Scorpion comes with a complete underground carrier, robotic loading arm and
in-system camera so operators can maintain a safe distance from the rock face
and blast area.


An extended period of field testing and objective comparisons to competitive
units by Nordex and existing customers has demonstrated the superiority of the
Scorpion. In particular, the results in up-hole loading applications using
specially formulated Nordex emulsion products exceeded expectations. Nordex has
invested considerable resources and dedicated over 18 months of ongoing
development time to achieve these results. 


The Scorpion became commercially viable in January and accordingly Nordex
started to receive a return on investments from this project during the 1st
quarter of 2014.


The Scorpion is compatible with the quality control philosophies of Nordex
whereby all products are blended and mixed at the production facility and not
out in the field. The Nordex philosophy was developed to guarantee the
consistency and quality of its products. 


This Scorpion Systems were designed and built with the assistance of the
Kirkland Lake Community Development Corp and FEDNOR. Further information on the
Scorpion can be viewed on the Corporation website at:


http://www.nordexexplosives.com/index.php?nav=122&page=110

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.


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

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