VANCOUVER, March 27, 2017 /CNW/ - New Dimension Resources Ltd. (TSXV: NDR) (the "Company" or "New Dimension") announces that it has appointed Mr. John Wenger to its Board of Directors.
Since April 2011, Mr. Wenger has been the Chief Financial Officer and Corporate Secretary at Pilot Gold Inc. where he was part of a management team that has raised over $100 million, and successfully completed multiple property transaction deals and acquisitions.
Fred Hewett, President & CEO of New Dimension stated, "We are very pleased to welcome Mr. Wenger to our Board. John's corporate successes in financing, project transactions & mergers and acquisitions, will be instrumental as we work to make a major district scale discovery at our Savant Lake Gold Project."
Acknowledging his appointment, John Wenger stated, "I am excited to take on this new role, and look forward to working closely with the team at New Dimension to realize the Company's full potential."
Prior to Pilot Gold Inc., Mr. Wenger worked for Ernst & Young LLP Chartered Accountants from 2001 to 2011, where he acquired considerable experience in financial reporting for both Canadian and U.S. publicly listed companies, primarily in the mining industry. Mr. Wenger has been a Chartered Professional Accountant with the Chartered Professional Accountants of British Columbia since 2006.
In accordance with the Company's stock option plan, Mr. Wenger has been granted 150,000 incentive stock options at $0.135 for a period of 5 years from the date of grant and expire on March 27th, 2022.
About New Dimension Resources Ltd.:
New Dimension is engaged in the acquisition, exploration and development of quality mineral resource properties throughout the Americas with a focus on potential gold and silver deposits. The Company's current priority is the Savant Lake gold property but is also reviewing other opportunities in Canada.
ON BEHALF OF THE BOARD
NEW DIMENSION RESOURCES LTD.
"Fred G. Hewett"
Fred G. Hewett, P.Eng.
President & CEO
Neither 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.
This news release may contain forward looking statements which are not historical facts, such as statements of belief of similarity of geological characteristics or features, statements of unverified drilling and sampling results and expectations of receipt of permits and plans for future work. Forward looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, unexpected geological factors, exploration results, results of verification work and unanticipated regulatory obstacles. See New Dimension's filings for a more detailed discussion of factors that may impact expected results.
This news release does not constitute an offer to sell or solicitation of an offer to sell any 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.
SOURCE New Dimension Resources Ltd.