North Atlantic Appoints Manager, Project Development and Issues Incentive Stock Options

North Atlantic Appoints Manager, Project Development and Issues Incentive Stock Options

ID: 27510

(firmenpresse) -
North Atlantic Appoints Manager, Project Development and Issues Incentive Stock Options

North Atlantic Resources Ltd. (“North Atlantic” or the “Company”) is pleased to announce the appointment of H. Andrew Daniels, P. Geo. as North Atlantic’s Manager, Project Development.

Mr. Daniels obtained his B. Sc. from Acadia University in 1985. Since 1985 Mr. Daniels has worked with industry leaders such as Western Mining Corp., Senior Geologist, Kilborn SNC, Senior Geologist Mining and Metallurgy Division, Minorco Services BV/Anglo American plc, as Senior Project Geologist and Exploration Manager. Mr. Daniels’ expertise with resource evaluation and mineral exploration in lateritic terrain are particularly welcomed by North Atlantic.

The Company has granted an incentive stock option in respect of 150,000 common shares to Mr. Daniels. The option was granted pursuant to the Company’s existing Stock Option Plan, is exercisable at $0.57 per share (being the closing price of the Company’s common shares on January 19, 2011), and has a five year term expiring January 19, 2016.

North Atlantic has 57,726,124 common shares issued and outstanding (83,668,018 shares on a fully diluted basis).

Please visit the Company's website www.nac-tsx.com to view project details and planned exploration programs.

FOR FURTHER INFORMATION PLEASE CONTACT:

North Atlantic Resources Ltd.
Scott Waldie, President and CEO
(416) 703-6348
swaldie(at)nac-tsx.com

Suite 410, 55 Adelaide St. East, Toronto, Ontario, M5C 1K6, Canada
ph.: 416-703-6348, fax 416-703-6507, email: info(at)nac-tsx.com website www.nac-tsx.com

This press release has been prepared by North Atlantic Resources Ltd. 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.




Unternehmensinformation / Kurzprofil:
Leseranfragen:

North Atlantic Resources Ltd.
55 Adelaide Street East, Suite 410
Toronto, Ontario, Canada M5C 1K6

Scott Waldie, President and CEO
swaldie(at)nac-tsx.com



Bereitgestellt von Benutzer: irw
Datum: 24.01.2011 - 10:55 Uhr
Sprache: Deutsch
News-ID 27510
Anzahl Zeichen: 0

contact information:
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Wien



Kategorie:

Business News



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