Noble Mineral Exploration Announces the Appointment of a Director and Engagement as a Special Strategic Advisor
TORONTO, ONTARIO / TheNewswire / April 28, 2016 - Noble Mineral Exploration Inc. (the "Company") (TSX-V: NOB) is pleased to announce the appointment of Dr. Samuel Peralta to its Board of Directors and as a special strategic advisor to the Board.
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Dr. Peralta's mandate will be to evaluate specific technology-based alternatives to the Company's current business, recommend a related strategy, and pursue to completion any related initiatives as directed by the Board.
Dr. Peralta has nearly 35 years of business experience in the semiconductor, software and energy sectors. As a senior executive, Dr. Peralta has had direct responsibility for profit and loss, marketing, sales, and corporate and strategic development. He has had a successful track record in overseeing spin-off companies, acquisitions, and start-ups.
Currently he is Director, Business & Corporate Development at Kinectrics, overseeing high-tech programs in the international nuclear industry. Previously, he was CEO of Qvadis, a smartphone software provider; was CTO for OH Solar, a photovoltaic firm based on an acquisition from Texas Instruments; and served in key positions at Ontario Hydro and the Ontario Laser and Lightwave Research Centre.
Dr. Peralta has extensive experience in turnaround and pivot situations, most recently helping orchestrate POET Technologies Inc.'s successful pivot from a photovoltaic company to a fabless semiconductor company, whose monolithic III-V semiconductor platform is now disrupting the opto-electronic space.
"We're very excited to be working with Dr. Peralta. His experience and background with pivot situations in several high-tech verticals gives us tremendous confidence that this initiative will progress successfully." said Vance White, Chairman and CEO of Noble.
Dr. Peralta was a founding Board member of POET Technologies Inc., a publicly-traded company on the TSX Venture Exchange in Canada and also in the U.S. (TSX-V:PTK, OTC:POETF). POET was named three times to the TSX Venture 50, and to Canadian Business Magazine's Top Tech 100. In this capacity, Dr. Peralta served as the Chair of the Corporate Governance & Nominating Committee, Chair of the Compensation Committee, and was a member of the Audit Committee. He served on the Board from 2006-2014, helping take POET public, through several corporate transformations, and ultimately to its current success as a fabless semiconductor company.
Previously, he helped oversee the acquisition and turnaround of Texas Instruments Solar by Ontario Hydro Technologies, and supported the pivot of Emerald Gateway International from a company specializing in automated meter reading to wireless security services.
Dr. Peralta currently serves on the Board of Directors of the Organization of Canadian Nuclear Industries; of Peat Resources Limited, currently considering a pivot into the gesture recognition vertical; and of Windrift Bay, a developer of new media properties. Previously, he served on the Board of OPEL Technologies and OPEL Solar, predecessors of POET Technologies; the Board of Axiom NDT, a nuclear inspection services firm; the Board of Envergence, which provided due diligence in the high technology sector; and the Board of Qvadis, a software developer in the handheld mobile devices space.
"I'm looking forward to working on this initiative with Noble," said Dr. Peralta. "We've already had preliminary discussions on a number of opportunities which make use of emerging hybrid and integrated opto-electronic technologies as a basis for next generation products."
Dr. Peralta received his Ph.D. in Physics from the University of Wales, and his scientific background is complemented by studies at the Rotman School of Management, the Schulich School of Business, and Edinburgh Business School.
Dr. Peralta has received numerous technology and business awards from the high-tech community. He has authored over 200 papers, holds patents on isotopic semiconductor devices, and been an invited speaker at conferences ranging from the Institute of Electrical & Electronics Engineers (IEEE) to the North Atlantic Treaty Organization's Advanced Study Institute (NATO-ASI).
About Noble Mineral Exploration Inc.:
Noble Mineral Exploration Inc. is a Canadian based junior exploration company holding in excess of 70,641 hectares of mineral rights in the Timmins - Cochrane areas of Northern Ontario. The Company also holds a portfolio of diversified exploration projects at various stages of exploration Gold in the Wawa area of Northern Ontario, and Uranium in Northern Saskatchewan. More detailed information is available on the website at www.noblemineralexploration.com.
Cautionary Statement:
Neither 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.No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Email: info@noblemineralexploration.com
Investor Relations
Email: ir@noblemineralexploration.com
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