VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 17, 2014) - North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF)(CUSIP: 65704T 108) (the "Company") announces that Mr. Richard Mark has resigned from his position as Chief Executive Officer and Chairman of the Board of Directors of the Company. Mr. Mark will not stand for re-election as a director at the July 9, 2014 annual general meeting of shareholders.
Mr. Mark commented "As a large shareholder of NAN, I am very optimistic and excited about the 2014 exploration and zone drilling programs at NAN's 100-per-cent-owned Maniitsoq nickel sulphide project in southwestern Greenland. Neil Richardson has put together a fantastic team and I am confident nothing will be overlooked. I will miss the day to day intensity of running North American Nickel, but must admit, I look forward to spending more time with my wife and daughter this summer."
On an interim basis, Mark Fedikow, PhD and P.Geo; will take-on the CEO role in addition to his responsibilities as President. Douglas Ford, an independent director, has been appointed Non-executive Chairman. The Company has commenced a formal CEO search.
"Our teams in the field headed by Neil Richardson, COO; and supported by John Pattison our Chief Geologist and by Patti Tirschmann our Principal Nickel Geologist has the Maniitsoq program advancing nicely" stated Mark Fedikow, President. "On behalf of our shareholders, employees and Board of Directors I would like to thank Rick for his efforts over the past four plus years to get the Company established and in advancing such a world-class opportunity at Maniitsoq", Fedikow continued.
About North American Nickel
North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq, Greenland, Sudbury, Ontario, and the Thompson, Manitoba nickel belt.
The Maniitsoq property in Greenland is a Camp scale project comprising 3,601 square km covering numerous high-grade nickel-copper sulphide occurrences associated with norite and other mafic-ultramafic intrusions of the Greenland Norite Belt (GNB). The greater than 75km-long belt is situated along, and near, the southwest coast of Greenland, which is pack ice free year round.
The Post Creek/Halcyon property in Sudbury is strategically located adjacent to the past producing Podolsky copper-nickel-platinum group metal deposit of KGHM International Ltd. The property lies along the extension of the Whistle Offset dyke structure. Such geological structures host major Ni-Cu-PGM deposits and producing mines within the Sudbury Camp.
Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as that term defined in the Private Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.
ON BEHALF OF THE BOARD OF DIRECTORS
Mark Fedikow, President
North American Nickel Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
North American Nickel Inc.Evan Sleeman
604-986-2020 or Toll free: 1-866-816-0118
Source: North American Nickel Inc.