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Kivalliq Energy Corp. Appoints Jonathon Singh Interim CFO

06.10.2011  |  Marketwired
VANCOUVER, BRITISH COLUMBIA -- (Marketwire - Oct. 5, 2011) - Kivalliq Energy Corporation (TSX VENTURE: KIV) (the "Company" or "Kivalliq") today provided a corporate update with respect to management changes. Kivalliq's board of directors has named Mr. Jonathan Singh as the Company's interim chief financial officer ("CFO").

Mr. Singh is a member of the Association of Certified General Accountants of BC and Canada and has over 17 years of experience in the various areas of tax, financial reporting, internal audit and treasury, for both publicly traded resource companies and public practice accounting firms. Previously, Mr. Singh held various financial roles in the mineral resource industry, including serving as corporate controller for Magma Energy Corp. (a predecessor to Alterra Power Corp.) and Silver Standard Resources Inc., as well as working in the tax group for KPMG. Mr. Singh holds a Bachelor of Accounting Science degree from the University of Calgary.

Effective immediately, Mr. Singh will replace Mr. Chris Twells as Kivalliq's CFO. The Company wishes Mr. Twells great success in his future endeavours.


About Kivalliq Energy Corporation

Kivalliq Energy Corporation is a uranium exploration and development company, and the first company in Canada to sign a comprehensive agreement with the Inuit of Nunavut to explore for uranium on Inuit Owned Lands in Nunavut.

With an NI 43-101 compliant Inferred Mineral Resource of 810,000 tonnes grading 0.79% U3O8, totaling 14.15 million lbs U3O8 (17.5 lbs U3O8/tonne) at a 0.2% U3O8 cut-off grade, the Lac Cinquante Deposit is Canada's highest grade uranium deposit outside of the Athabasca Basin. Kivalliq's flagship project, the 225,000 acre Angilak Property in Nunavut, hosts the high-grade Lac Cinquante deposit, along with nine additional high priority target areas. Since acquiring the Angilak Property in 2008, the Company has invested approximately $25 million conducting systematic exploration, including ground and airborne geophysics, geological mapping, prospecting and approximately 48,000 meters of RC and diamond drilling.


On behalf of the Board of Directors

James Paterson, CEO
Kivalliq Energy Corporation



Kivalliq Energy Corporation is a member of the Discovery Group of companies, for more information on the group visit www.discoveryexp.com.



Certain disclosures in this release, including management's assessment of plans and projects and intentions with respect to future exploration programs, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Kivalliq's operations as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including risks as to the completion of the plans and projects. Readers are cautioned not to place undue reliance on forward-looking statements. Other than as required by applicable securities legislation, Kivalliq expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.

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.




Contact Information

Kivalliq Energy Corporation
Investor Relations
Toll Free: 1.888.331.2269 or 604.646.4527
info@kivalliqenergy.com
www.kivalliqenergy.com
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