VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/28/13 -- Northisle copper and Gold Inc. Inc. ("Northisle" or the "Company") (TSX VENTURE: NCX) recently held its 2013 Annual General Meeting in Vancouver. Resolutions passed at the meeting included the appointment of Hay and Watson as auditors of Northisle, approval of Northisle's incentive stock option plan, and the re-election of John McClintock, David Douglas and Dale Corman as Directors. Chris Theodorpoulos and Larry Okada did not stand for re-election to the Board. The Company wishes to thank both Mr. Theodoropoulos and Mr. Okada for their contributions to the Company.
The Company is also pleased to announce the election of Brandon Macdonald as director. Brandon completed his MBA at Oxford University in 2007 where he graduated with Distinction. Brandon also possesses a B.Sc. (geology) from the University of British Columbia and has field experience in Mexico, the Yukon and Nunavut. Mr. Macdonald has been granted options to purchase up to 200,000 common shares of the Company at $0.10 per share. The options have a five year term and will vest over a two-year period, with one-third vested on issue, one-third on the first anniversary date and one-third on the second anniversary date.
Northisle is a Vancouver based junior resource company committed to the exploration and development of the North Island Copper-Gold Project on Northern Vancouver Island. The North Island Copper-Gold Project is situated approximately 15-40 kilometres southwest of Port Hardy and contains the Hushamu Deposit and five other partially explored copper-gold porphyry occurrences. The Company has completed a 43-101 compliant resources estimate on the Hushamu Deposit which has been filed on Sedar. The project is 100% owned by Northisle.
For more information on Northisle and the Hushamu Deposit please visit the Company's website at www.northisle.ca.
On behalf of Northisle Copper and Gold Inc.
John McClintock, President, CEO and Director
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.
This news release contains forward-looking statements. These forward-looking statements are based upon the reasonable beliefs of Northisle and its management as of the date of this news release; however, forward-looking statements involve risks and uncertainties and are based upon factors that may change and assumptions that may prove, with the passage of time, to be incorrect as a result of exploration and other risk factors associated with mineral exploration and development that are beyond the control of Northisle. Accordingly, undue reliance should not be placed upon such statements. If factors materially change or assumptions are materially incorrect, the actual results, performance or achievements of Northisle may be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Northisle does not undertake any obligation to update or revise any forward-looking statements to reflect new information, future events or otherwise, except as required by applicable law.
Northisle Copper and Gold Inc.
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