 | 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. |
