Great Northern Gold Exploration Corporation Appoints Yu Cai Huang
as Director
TSXV: GGE
VANCOUVER,
Nov. 2, 2012 /CNW/ - Great Northern
Gold Exploration Corporation, ("Great Northern Gold" or the
"Company") is pleased to announce that Mr. Yu Cai (Rick) Huang joined the Company's Board
of Directors effective November 1,
2012. Mr. Huang has been the Chief Financial Officer
of Hanwei Energy Services Corp., a TSX traded public company, since
March 2007. Prior to that, he
held senior financial roles with multinational companies including
the Pepsi Bottling Group Canada and Schering Plough Canada.
Mr. Huang was also previously a market development manager with the
Coca-Cola Company in China.
Mr. Huang holds a Certified General Accountant designation, and
received his MBA from the Richard Ivey School of Business at the
University of Western Ontario.
Mr. Huang is fluently bilingual in English and Mandarin.
Mr. Huang was granted 100,000 stock options
exercisable at $0.15 per share
expiring on November 1, 2017.
"Rick Huang
brings strong public company management, audit and accounting
expertise to our board," said Kim
Oishi, CEO and Chairman of Great Northern Gold. "In
addition, Rick's Chinese language skills and operating
experience in China will add value
as we build on our base of Chinese shareholders."
About Great Northern Gold Exploration
Corporation
Great Northern Gold is a gold exploration
company operating in Northern
Canada and has an option to earn a 100% undivided interest
in the property known as the Wekusko Property located 23 kilometres
southeast of Snow Lake, Manitoba
and comprising 55 mineral claims totaling approximately 8,880
hectares. Great Northern Gold has also entered into a Property
Option
Agreement to earn a 100% undivided interest in
the property known as the Ferro Mine Property located 23 kilometres
southeast of Snow Lake, Manitoba
and east of Wekusko Lake, Manitoba.
Capitalization:
Number of common shares outstanding:
22,220,867
Number of fully diluted shares outstanding: 24,507,533
STATEMENTS IN THIS PRESS RELEASE REGARDING THE
COMPANY'S BUSINESS WHICH ARE NOT HISTORICAL FACTS ARE
"FORWARD-LOOKING STATEMENTS" THAT INVOLVE RISKS AND UNCERTAINTIES,
SUCH AS ESTIMATES AND STATEMENTS THAT DESCRIBE THE COMPANY'S FUTURE
PLANS, OBJECTIVES OR GOALS, INCLUDING WORDS TO THE EFFECT THAT THE
COMPANY OR MANAGEMENT EXPECTS A STATED CONDITION OR RESULT TO
OCCUR. SINCE FORWARD-LOOKING STATEMENTS ADDRESS FUTURE EVENTS AND
CONDITIONS, BY THEIR VERY NATURE, THEY INVOLVE INHERENT RISKS AND
UNCERTAINTIES. ACTUAL RESULTS IN EACH CASE COULD DIFFER MATERIALLY
FROM THOSE CURRENTLY ANTICIPATED IN SUCH STATEMENTS. THE COMPANY
DOES NOT ASSUME ANY OBLIGATION TO UPDATE OR REVISE EVENTS OR
CIRCUMSTANCES UNLESS REQUIRED BY APPLICABLE SECURITIES LAWS.
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 release.
SOURCE Great Northern Gold Exploration Corporation