North Arrow Appoints Brian McEwen as President and Chief Operating Officer
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/07/11 -- North Arrow Minerals Inc. (TSX VENTURE: NAR) On behalf of the Board of Directors of North Arrow Minerals Inc. ('North Arrow' or the 'Company'), Mr. D. Grenville Thomas, CEO and Chairman of the Board, is pleased to announce the appointment of Mr. Brian McEwen, P. Geol. as President and Chief Operating Officer, effective immediately.
Mr. McEwen is a professional geologist with more than thirty years of exploration and production experience in open-pit and underground mining properties and operations. His experience includes project management, economic evaluations, resource and reserve evaluations for various precious and base metal companies worldwide. In addition to senior technical and managerial roles with various public and private companies, Mr. McEwen has served on the boards of several public companies and has been involved in raising significant amount of capital for project financing.
Grenville Thomas added, 'We are delighted to have Brian join North Arrow. His extensive experience, especially in Latin America, will allow North Arrow to pursue new opportunities and strategies that we may not have previously considered.'
As part of this management appointment, North Arrow has granted 1,000,000 stock options pursuant to the terms of its Stock Option Plan. These stock options are exercisable at a price of $0.20, expire on March 7, 2016 and are subject to vesting terms set by the Board of Directors.
North Arrow Minerals Inc.
D. Grenville Thomas, CEO and Director
The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy of this release.
Contacts:
North Arrow Minerals Inc.
D. Grenville Thomas
CEO and Director
604-668-8355
604 668 8366 (FAX)
info@northarrowminerals.com
www.northarrowminerals.com