VANCOUVER, BC, April 27, 2021 /CNW/ – Northisle Copper and Gold Inc.
Adding Michelle to our team to lead an integrated approach to the sustainable development of the North Island Project is a key part of our strategy.
Michelle Tanguay added: “I am very excited to be joining the team at Northisle.
Michelle is a mining industry leader with nearly 25 years of experience, including responsibility for indigenous and stakeholder engagement, environmental program design and management, assessment and permitting process development, negotiations with indigenous governments and the development of mine life cycle and closure plans.
In accordance with the Company’s employee stock option plan, the options will have a 5 year term and will allow the holder to purchase common shares of the Company at a price of $0.335, which is the closing price of the Company’s shares on the TSX-V on April 26, 2021, the date prior to the grant of options.
The North Island Project is located near Port Hardy, British Columbia on a 33,149-hectare block of mineral titles 100% owned by Northisle stretching 50 kilometres northwest from the now closed Island Copper Mine operated by BHP Billiton.
The securities have not been and will not be registered under the United States Securities Act of 1933, as amended or any state securities laws and may not be offered or sold within the United States or to U.S.
Forward-looking statements necessarily involve known and unknown risks, including, without limitation, Northisle’s ability to implement its business strategies; risks associated with mineral exploration and production; risks associated with general economic conditions; adverse industry events; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and other risks.
Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur.
The forward-looking statements contained in this news release represent the expectations of management of Northisle as of the date of this news release, and, accordingly, are subject to change after such date.