MONTREAL, QUEBEC -- (Marketwired) -- 08/27/13 -- NEVADO RESOURCES CORPORATION (TSX VENTURE: VDO)(FRANKFURT: NSV) ("NEVADO" or the "Company") is pleased to announce that it has retained the services of Murtti Capital as its exclusive financial advisor for China in connection with an asset/share or debt transaction. Murtti Capital is a US investment bank that provides a wide range of investment banking service to corporations, financial institutions and investment funds.
Kristina Wang, Managing Director of Murtti Capital, will be leading the search for a strategic partner that fits well with NEVADO's growth objectives. Ms. Wang and her team now concentrate on the worldwide mergers and acquisitions business, with clients in a variety of sectors, including mining, energy, environmental protection, and science and technology. Kristina Wang has a wealth of experience in corporate finance, having served as Managing Director of Friedland Capital since 2003, where she and her team successfully completed overseas listings and financing plans for five Chinese enterprises, helping them raise hundreds of millions of dollars through equity and debt financing. Previously, Ms. Wang worked for Deutsche Bank's private banking sector as the head of asset securitization, and for Fieldstone's M&A department. Ms. Wang is highly skilled at company research and evaluation, mergers and acquisitions, asset-backed securitizations, REITs and ADRs, and has a wealth of expertise and experience in fund management. She speaks fluent Mandarin and English, and has a law degree from China People's University in Beijing.
Michael Curtis, President and Chief Executive Officer of NEVADO, said that: "This association with Murtti Capital is very positive for Nevado. After our presentations to potential investors in China, we saw that there was strong demand for the strategic metals on our properties, namely titanium, vanadium and graphite. Kristina has established a strong reputation with her network and has thorough knowledge of the Chinese market, which will greatly help us in establishing business contacts and finding a strategic partner for our La Blache and Fermont projects."
Kristina Wang added: "I am very pleased to be helping NEVADO's team raise the Company's profile in China and find the strategic partner that will enable them to fully develop their valuable assets. The initial feedback I received from NEVADO's first visit to China was very positive. My team and I will work hard to conclude a successful transaction for the Company."
NEVADO has two major strategic metals projects in Northern Quebec: 1) the La Blache titanium-vanadium-iron ore property, the largest inferred Ti02 deposit and landholding in the area, which hosts a 43-101 inferred mineral resource of 101.7 million tonnes at a grade of 18% TiO2, 0.33% V2O5 and 59.7% Fe2O3 (or 41.8% FeT); and 2) the Fermont graphite property, located just east of Focus Graphite's Lac Knife deposit.
About Nevado Resources Corporation
NEVADO is a junior strategic metals company with properties in Northern Quebec. The Company is currently focused on advancing its world-class La Blache titanium-vanadium-iron project. NEVADO also owns the Fermont project, a graphite property adjacent to Focus Graphite's Lac Knife deposit.
This news release was reviewed and approved by Michael Curtis, President and Chief Executive Officer of NEVADO.
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 statements made in this news release that are not historical facts are "forward-looking statements" and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these "forward-looking" statements.
President and Chief Executive Officer
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