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Mark Selby Joins NWM Board of Directors
NWM Mining Corporation (TSX-V: NWM), is pleased to announce that Mr. Mark Selby has joined the Company�s Board of Directors and the Company�s Strategic Review Committee. This addition permits NWM to leverage Mr. Selby�s considerable experience in both corporate finance and mergers & acquisitions. Mr. Selby has more than twenty years� experience in corporate finance and corporate development. He has held senior roles with Inco Limited, QuadraFNX and Purolator Courier and is currently Senior Vice-President of Corporate Development with Royal Nickel Corp. Mr. Selby is also a director of Kiska Metals and Minfocus Exploration and was a member of the Board of Directors of Castle Gold Corp where he played a lead role in the strategic review process which successfully concluded with the sale of the company to Argonaut Gold Inc.
�Mark brings corporate finance, mergers & acquisitions and debt structure skills to the Board at an important time. I look forward to Mark�s input on the Strategic Review process and on capital structure initiatives as NWM considers development options for the Lluvia-Jojoba gold mine,� said Chris Berlet, President and CEO.
In relation to this appointment, NWM has granted options to purchase 400,000 shares exercisable for three years at an exercise price of $0.10 per share.
The appointment and option grant are subject to regulatory approval, including TSX Venture Exchange approval.