Alexander Nubia Announces Resignation of Non-Executive Directoradmin
Alexander Nubia Announces Resignation of Non-Executive Director
Toronto, Ontario CANADA, September 30, 2013 /FSC/ – Alexander Nubia International Inc. (AAN – TSX Venture), announces the resignation of its non-executive director Dr. Peter Ruxton, effective immediately. Dr. Ruxton will continue to pursue his long African commodities focused fund in addition to his obligations as CEO of Gentor Resources.
Mr. Alexander Massoud, Chief Executive Officer stated “On behalf of the Board, I would like to thank Peter for his contribution to the board of AAN and wish him every success in his future endeavors.”
About Alexander Nubia International Inc.
Alexander Nubia International Inc. is an established Canadian mineral exploration company that has been operating in Egypt since 2007. It is 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 Hamama volcanogenic massive sulphide (“VMS”) deposit and the Abu Marawat mesothermal vein deposit, the latter with an NI 43-101-compliant inferred gold-copper-rich resource. The Hamama VMS deposit is located in the Arabian-Nubian Shield, which is known for the quality of its VMS deposits. Positive drill results at Hamama 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.
For more information on Alexander Nubia please contact:
A. Alexander Massoud
President and Chief Executive Officer
Egypt: +2 (0) 22 287 6914
Canada: +1 (604) 727-1813
Cautionary Note Regarding Forward-Looking Statements
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. 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. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the press release as a PDF file, please click on the following link:
Source: Alexander Nubia International Inc. (TSX.V – AAN) http://www.alexandernubia.com
Maximum News Dissemination by FSCwire. http://www.fscwire.com
Posted: September 30th, 2013 under FSCWIRE.