Val d’Or, Quebec – March 23, 2015 – NioGold Mining Corporation (TSX-V: NOX) (OTCQX: NOXGF) (“NioGold” or the “Corporation”) announces the resignation of its Chief Financial Officer and Secretary, Mr. Jonathan Richards, who will pursue other opportunities. NioGold would like to thank Mr. Richards for his significant contribution to the Corporation and wishes him the best with future endeavours.
Furthermore, Niogold announces the immediate appointments of Mr. Frédéric Ruel as Chief Financial Officer and Mr. André Le Bel as Vice President Legal Affairs and Corporate Secretary of the Corporation.
Frédéric Ruel appointed as Chief Financial Officer
Mr. Ruel is a CPA, CA and a graduate of Université de Sherbrooke (M.Sc., Accounting). He has more than 15 years of experience in financial reporting and has been involved in the mining industry for more than 8 years. Prior to joining NioGold, he held the position of Director, Corporate Reporting for Canadian Malartic Partnership, Osisko Mining Corporation and Consolidated Thompson Iron Mines.
Mr. Ruel will be responsible for financial reporting.
André Le Bel appointed as Vice President Legal Affairs and Corporate Secretary
Mr. Le Bel is a graduate of Université Laval (B.Sc. A., Consumer Studies) and holds a Bachelor of Laws (LL.B. Civil Law) from Sherbrooke University. He is a member of the Québec Bar Association. He has more than 15 years of experience in the administration of natural resource corporations. Prior to joining NioGold, he held the position of Vice President Legal Affairs and Corporate Secretary of Osisko Mining Corporation. He was also previously Vice President Legal Affairs with IAMGOLD Corporation and Senior Legal Counsel and Assistant Corporate Secretary of Cambior Inc. Since February 17, 2015, Mr. Le Bel serves as Vice President Legal Affairs and Corporate Secretary of Osisko Gold Royalties Ltd.
NioGold Mining Corporation – « On Canada’s Golden Highway »
NioGold Mining Corporation is a mineral exploration and development company focused on gold. The Company’s projects are located in the heart of Quebec’s prolific Abitibi gold mining district. The Cadillac, Malartic and Val-d’Or mining camps in this district have produced over 45 million ounces of gold since the 1930’s and presently encompass six producing gold mines, including the prolific Canadian Malartic mine located adjacent to NioGold’s flagship Marban project. NioGold’s land holdings within the Abitibi presently cover 125km2 and encompass seven former gold producers, notably the Norlartic, Kierens, Marban and Malartic Hygrade mines that collectively produced 630,000 ounces of gold.
NioGold’s experienced and qualified technical team are overseeing the advancement of these projects, targeting expansion of the resource base and reserve definition of the Marban Block project.
NioGold invites you to visit the company website at www.niogold.com.
For information on NioGold Mining Corporation contact:
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FOR WARD-LOOKING STATEMENTS
This news release includes "forward looking statements", as that term is defined in Section 27A of the Unites States Securities Act of 1933, as amended, and Section 21E of the United States Exchange Act of 1934, as amended, that are subject to assumptions, risks and uncertainties. Statements in this news release which are not purely historical are forward looking statements, including without limitation any statements concerning the Company's intentions, plans, estimates, expectations or beliefs regarding the future. Although the Company believes that any forward looking statements in this news release are reasonable, there can be no assurance that any such forward looking statements will prove to be accurate. The Company cautions readers that all forward looking statements, including without limitation those relating to the Company's future operations and business prospects, are based on assumptions none of which can be assured, and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward looking statements.
Any forward looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward looking statements, or to update the reasons why actual events or results could or do differ from those projected in the forward looking statements. Except as required by law, the Company assumes no obligation to update any forward looking statements, whether as a result of new information, future events or otherwise.
CAUTIONARY NOTE TO U.S. INVESTORS
The United States Securities and Exchange Commission (the “SEC”) permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. The Company may use certain terms in this news release, such as ‘measured resources’ ‘indicated resources’ and ‘inferred resources’ which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. The news release may contain information about adjacent properties on which the Company has no right to explore or mine. U. S. investors are cautioned that mineral deposits on adjacent properties may not be indicative of mineral deposits on the Company’s properties.