2013-02-01 12:06:04 -
Alexander Nubia International Inc. Strengthens Investors Relations Capability with the Appointment of Andrea Clark as Director of Investor Relations
Vancouver, British Columbia, February 01, 2013 /FSC/ - Alexander Nubia International Inc. (AAN - TSX Venture)(the "Company") is pleased to announce the appointment of Ms. Andrea Clark as Director of Investor Relations for the Company. Ms. Clark will report directly to the Chief Executive Officer of the Company, Alexander Massoud.
Ms. Clark brings over 15 years working within the financial services and investment industry. She began her career working with at Bank of Montreal as an investment advisor for 9 years. Subsequently, she was in institutional equity sales for a boutique Canadian institutional investment bank which specialized in mining and had institutional
clients in Canadian, European and US. Ms. Clark holds a B.A in Economics from the University of British Columbia and has an MBA from the University of San Diego, California.
Alexander Massoud, Chief Executive Officer of the Company, commented, "We have retained Ms. Clark to leverage her expertise, contacts and experiences to lead and develop market awareness for the Company. Ms. Clark has a broad range of mining specific experience within the capital markets which will enhance our outreach within the Canadian and global mining investment communities."
The Company has granted Ms. Clark 300,000 options to purchase common shares, exercisable at a price of $0.10 per share for a period of 3 years. Pursuant to the Agreement, the Company will pay Ms. Clark $6,500 per month plus HST for one year. The appointment of Ms. Clark and the granting of the options is subject to TSX Venture Exchange approval.
About Alexander Nubia
Alexander Nubia International Inc. is an established Canadian mineral exploration company committed to identifying, focusing on, and advancing gold and base-metal projects in the Eastern Desert of Egypt. The Company holds two exploration concessions in Egypt: Abu Marawat and Fatiri, which cover areas of 1,027 km2 and 1,745 km2, respectively. The Company is focused on exploration within the Abu Marawat Concession, which contains its two main properties, the Abu Marawat mesothermal vein deposit, with a NI 43-101 inferred gold-copper-rich resource, and the Hamama volcanogenic massive sulphide (VMS) deposit.
Operating in Egypt since 2007, the Company is focused on the advancement of the Hamama VMS deposit - located in the Arabian-Nubian Shield (ANS), which is known for the quality of its VMS deposits. Hamama is characterized by excellent first-stage drill results that intersected high-grade semi-massive and massive sulphide mineralization, a broad zone of VMS gossan at-surface containing high-grade gold and silver (a "gold cap"), and an extensive mineralized footwall stringer and breccia zone.
The Company holds a highly prospective land package with an established history of mining dating back to the Pharaonic era, with three historical gold mines and four major prospects. The land package is enhanced by excellent and nearby infrastructure, which includes access to highway and railway, a high-capacity electricity grid, and nearby major cities: Qena, on the Nile River, and Port of Safaga, on the Red Sea.
ON BEHALF OF THE BOARD
Signed "Alexander Massoud"
Alexander Massoud, Chief Executive Officer
For more information on Alexander Nubia please contact:
A. Alexander Massoud
President and Chief Executive Officer
Egypt: +2 (0) 22 287 6914
Andrea E. Clark
Director, Investor Relations
Canada: +1 (604) 727-1813
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. The securities of Alexander Nubia International Inc. described herein 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 Note Regarding Forward-Looking Statements
Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions; by their very nature they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.
To view this press release as a web page, click onto the following link:
Source: Alexander Nubia International Inc. (TSX.V - AAN) www.alexandernubia.com
Maximum News Dissemination by FSCwire. www.fscwire.com