International Northair Mines Ltd. (TSX VENTURE:INM) (the “Company” or “Northair”) is pleased to announce the appointment of Mr. Ryan E. Schedler to the Company’s Board of Directors.
Mr. Schedler is currently the sector head of Natural Resources Investments at Trellus Management (“Trellus”) in New York City. Prior to joining Trellus in 2003, he was an investment banker at Lehman Brothers and BT Alex Brown/Deutsche Bank, where he was focused on corporate finance, mergers and acquisitions. Mr. Schedler graduated with a B.Sc. degree in Chemical Engineering in 1993 from Lafayette College in Easton, PA, and received his MBA from Harvard Business School in 1998. He began his career as an officer in the US Army Corps of Engineers.
“Northair is very pleased to welcome Mr. Schedler to its Board of Directors,” said Fred Hewett, President & CEO of Northair. “Ryan’s extensive knowledge of capital markets and corporate finance will prove to be an excellent resource as the Company advances its La Cigarra silver project. We are confident that the Company will benefit from Mr. Schedler’s experience as it moves forward with its future plans.”
About International Northair Mines Ltd.
Northair is a mineral exploration company engaged in the acquisition and development of gold and silver properties in Mexico. The Company has successfully staked and acquired a number of early stage gold and silver projects that offer opportunities for significant discoveries. Northair is currently conducting an aggressive core drill program at its La Cigarra silver project in the state of Chihuahua and is initiating plans along with its joint venture partner to conduct an exploration program at its Sierra Rosario silver/gold project in Sinaloa.
ON BEHALF OF THE BOARD, INTERNATIONAL NORTHAIR MINES LTD.
Fred G. Hewett, P.Eng., President & CEO
This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See Northair’s filings for a more detailed discussion of factors that may impact expected results.
This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
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 news release.
Contacts:
International Northair Mines Ltd.
Fred Hewett
President
604-687-7545 or 1-888-338-2200International Northair Mines Ltd.
Chris Curran
Investor Relations
604-687-7545 or 1-888-338-2200
604-689-5041 (FAX)
[email protected]
www.northair.com/international/
