TSX Venture Exchange Symbol: NCX
VANCOUVER, BC, April 27, 2021
/CNW/ - Northisle Copper and Gold Inc. (TSXV: NCX)
("Northisle" or the "Company") is pleased to announce the
appointment of Michelle Tanguay as
Head of Sustainability and Community Relations, effective
May 1, 2021.
Sam Lee, President & CEO of
Northisle commented: "Advancing the North Island project
thoughtfully yet expeditiously is our primary goal. 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. Our work to gain trust from local Indigenous
Nations and communities is a priority for us and we are committed
to starting this critical path activity early. Michelle brings a
wealth of project development and operational experience related to
Environmental, Social, and Governance matters and is passionate for
our vision of becoming the leading sustainable resource company of
the future."
Michelle Tanguay added: "I am
very excited to be joining the team at Northisle. I look forward to
working with and getting to know the members of the Quatsino First
Nation, Kwakiutl First Nation and Tlatlasikwala First Nation, as
well as the local communities of northern Vancouver Island. I
believe Northisle has the potential to develop the North Island
Project and, with a focus on responsible development and the
creation of shared value, that the project development will provide
significant and ongoing benefits to stakeholders and
rightsholders."
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. Most recently, Michelle was Head of Environment and
Community Relations at GT Gold, where she was responsible for
overseeing strategy pertaining to engagement, environmental studies
and communications. Previously, Michelle has held management
positions with Newmont, Argonaut Gold and Ethos Gold. Her
career highlights include negotiating agreements in a landscape of
overlapping stakeholder and rightsholder interests, leading a
federal environmental assessment including baseline data collection
and compilation, and receiving the Economic Developers Council of
Ontario Award for innovative program development.
The Company has approved the grant of 275,000 stock options. 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 options
will vest one third per year over a three year period.
About Northisle
Northisle Copper and Gold Inc. is a Vancouver based company whose mission is to
become a leading and sustainable mineral resource company for the
future. Northisle owns the North Island Project, which is one
of the most promising copper and gold porphyry deposits in
Canada. 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. Northisle
recently completed an updated preliminary economic assessment for
the North Island Project and is now focused on the advancement of
the project through a pre-feasibility study.
For more information on Northisle please visit the
Company's website at www.northisle.ca.
On behalf of Northisle Copper and Gold Inc.
Nicholas Van Dyk, CFA
Vice President, Corporate Development and Investor Relations
Tel: (604) 364-5752
Email: info@northisle.ca
www.northisle.ca
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the 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.
Cautionary Statements regarding Forward-Looking
Information
Certain information in this news release constitutes
forward-looking statements under applicable securities law.
Any statements that are contained in this news release that are not
statements of historical fact may be deemed to be forward-looking
statements. Forward-looking statements are often identified by
terms such as "may", "should", "anticipate", "expect", "intend" and
similar expressions. 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 cautioned that the
foregoing list is not exhaustive.
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. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement.
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. Northisle does not undertake any
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as expressly required by applicable securities law.
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 news release.
SOURCE NorthIsle Copper and Gold Inc.