Sunday, September 14, 2014

International Northair Mines Ltd. - INM.v

International Northair Mines Ltd. - INM.v is focused on advancing the flagship La Cigarra silver project located in the state of Chihuahua, which currently hosts a NI 43-101 Resource estimate of 50.4 million ounces of silver M&I grading 76 g/t silver and 3.5 million ounces of silver Inferred grading 61 g/t.

On September 8, 2014 the company released News

("Northair" or the "Company") is pleased to announce that it has closed its non-brokered private placement (the "Private Placement") with the issuance of 39,995,000 Units at a price of $0.10 per Unit for gross proceeds of C$3,999,500. Concurrent with the close of the Private Placement Northair is pleased to announce the appointment of Ms. Andrea Zaradic as President and CEO, Mr. David Ernst as V.P. Exploration, Mr. Maurice Tagami to the Board of Directors, and Mr. John Robins as Strategic Advisor.

Management and Board Changes:

Upon the closing of the Private Placement and effective immediately, Ms. Andrea Zaradic, P.Eng, a senior mining executive with over 25 years' experience, was appointed Northair's new President & CEO and has been named to the Company's Board of Directors. Mr. Fred Hewett, a long standing employee of Northair for over 30 years who has served as President & CEO since 1998 will retire, but has agreed to maintain ongoing Company involvement in an advisory role.