Newstrike Capital Inc. Appoints New Director
21.05.2014 | Marketwired
VANCOUVER, May 20, 2014 - Newstrike Capital Inc. (TSX VENTURE:NES) ("Newstrike" or the "Company") is pleased to announce the appointment of Mr. Mark D. Backens to its Board of Directors. Mark Backens has over 30 years of global mining experience including most recently as Director of Investment Banking - Mining for Scotia Capital. For most of his career, Mr. Backens had senior management roles with Meridian Gold, Placer Dome and Goldcorp in the areas of engineering, mine construction, mine management and corporate development. Mr. Backens holds a Bachelor of Science in Geological Engineering from South Dakota School of Mines and is a Professional Geologist."I am pleased to welcome Mark to Newstrike's Board of Directors," stated Mr. Richard Whittall, CEO of Newstrike. "Mark's knowledge of and background in the mining industry is very complimentary to Newstrike's growth strategy and we look forward to his contribution to our development plans at the Ana Paula project."
In connection with his appointment, Mr. Backens has been granted 350,000 stock options in the Company. Each stock option is exercisable into one common share of the Company at a price of $0.86 per share for a period of seven years from this date of grant. The options will vest as to 20% on the date of grant and 20% every six months thereafter. The grant is subject to regulatory approval.
About Newstrike (TSX VENTURE:NES)
Newstrike Capital Inc., www.newstrikecapital.com, is a gold-silver focused explorer, targeting known and historic mining districts in Mexico. Key senior members of the Company's current management and directors have participated in Guerrero Gold Belt discoveries, including Goldcorp Inc.'s producing Los Filos Mine and Torex Gold Resources advanced stage Morelos Project in Guerrero State.
Newstrike holds a 100% interest in certain exploration properties in Mexico located within two established mining districts; the Au (Ag-Cu) skarn-porphyry camp of the Guerrero Gold Belt, and the polymetallic Pb-Zn-Ag (Au-Cu) rich epithermal camp of the mining districts of Oaxaca State.
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.
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CONTACT
Newstrike Capital Inc.
Richard Whittall, Director, President & CEO
604-605-4654
www.newstrikecapital.com
Blog: http://newstrikecapital.com/blog
Patrick Piette, Investor Relations
416-526-9911
ppiette@minera.ca
