Nortec Announces Notice of Change of Auditor and Change of Address
Vancouver, British Columbia - August 7, 2013. Nortec Minerals Corp. ("Nortec" or the "Issuer") (TSX-V: NVT) announces the following:
Change of Auditor
Nortec's Board of Directors have approved a change of the Company's auditors from PricewaterhouseCoopers LLP ("PWC") to Davidson & Company Chartered Accountants ("Davidson").
PWC has resigned as auditor of the Company effective June 27, 2013. The Audit Committee and the Board of Directors of the Company have appointed Davidson as the successor auditor in their place effective June 27, 2013. The Company has sent a Change of Auditor notice (the "Notice") to each of PWC and Davidson, and has received a letter from Davidson to the securities commissions in each of British Columbia and Alberta (the "Commission") stating they agree with the information contained in the Notice. A copy of the letter from Davidson addressed to the Commissions and a copy of PWC's resignation letter will be filed on SEDAR with a copy of the Notice.
There were no disagreements or unresolved issues with PWC on any matter of audit scope or procedure, accounting principles or policies, or financial statement disclosure. It is the Company's opinion that there have been no reportable events, (as defined in National Instrument 51-102 (Part 4.11)) between the Company and PWC. PWC did not have any reservation in their auditors' report for the financial statements for the Company's last two fiscal years or for any period subsequent to the date the most recent audit report was issued and preceding the date hereof.
Change of Address
As of September 1, 2013, Nortec's new office address will be Suite 2325, 1066 West Hastings Street, Vancouver, British Columbia, V6E 3X4.
About Nortec Minerals Corp.
Nortec is a mineral exploration and development company based in Vancouver, British Columbia. The Company has a 100% interest in the Tammela Gold & Lithium Project in South-West Finland; an option to earn from Akkerman Exploration B.V., a 100% interest in the Seinajoki Gold Property and Kaatiala Beryllium-Rare Earth Property in Western Finland.
The Company recently signed an agreement to sell its 51% interest, subject net smelter royalties, in the TL Nickel-Copper-Cobalt Property in Northern Labrador, Canada to Vulcan Minerals Inc.; Information on the Company's projects can be referred to on www.nortecminerals.com
On behalf of the Board of Directors,
Nortec Minerals Corp.
"Mohan R. Vulimiri"
Mohan R. Vulimiri, CEO and Chairman
The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.
This press release contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performances or achievements of the Company to be materially different from the results, performances or expectations implied by these forward looking statements. This
------------------------------------------------------
|Nortec Minerals Corp. |NORTEC MINERALS Oy c/o Simo|
|TSX-V: NVT / FSE: WMQ / |Salonen Oy Teknologiantie 2|
|OTC-PK: NMNZF Suite 875,|90590 Oulu Finland Phone: |
|Box 208, 555 Burrard |+358 40-169-5599 |
|Street Vancouver BC V7X | |
|1M8, Canada Phone: +1 | |
|604-717-6426 Fax: +1 | |
|604-683-9649 | |
------------------------------------------------------
news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.
------------------------------------------------------
|Nortec Minerals Corp. |NORTEC MINERALS Oy c/o Simo|
|TSX-V: NVT / FSE: WMQ / |Salonen Oy Teknologiantie 2|
|OTC-PK: NMNZF Suite 875,|90590 Oulu Finland Phone: |
|Box 208, 555 Burrard |+358 40-169-5599 |
|Street Vancouver BC V7X | |
|1M8, Canada Phone: +1 | |
|604-717-6426 Fax: +1 | |
|604-683-9649 | |
------------------------------------------------------
Copyright (c) 2013 TheNewswire - All rights reserved.
