TSX Venture SYMBOL: NSM
OTCQX:NSMSF
April
13, 2010
NORTHERN STAR ANNOUNCES MANAGEMENT CHANGES
Val-d’Or, Quebec, April 13, 2010 – Northern Star Mining
Corp. (TSX-V: NSM, OTCQX:NSMSF) (Northern Star Mining or the “Company”) is very
pleased to announce
that the board of directors has appointed George Pirie as CEO and director effective
immediately. He replaces Jonathan Awde, who resigned as CEO but will
remain as President and director.
Mr. Pirie has 29 years experience
in the mining industry. In 1980 he was with Pamour Porcupine Mines, a division
of Noranda, and later joined Dome Mines Limited in 1985. He was transferred to
Vancouver Corporate Offices of Placer Dome Inc. in 1991. Mr. Pirie has held
progressive positions in a number of Placer's divisions over a 20 year span,
including Chief Financial Officer, Placer Dome
Mr Jonathan Awde states “We are thrilled to
have an executive of George Pirie’s caliber and experience in place to help
maximize shareholder value and execute on it’s strategy of becoming a mid tier
gold producer.”
Mr. George Pirie states “I am very pleased
to be joining Northern Star Mining. It
is a company with excellent assets in the top mining jurisdiction in the world.
I am looking forward to realising the potential of these properties as we grow
this company and deliver value to our shareholders.”
Northern Star Mining is also pleased to
announce the addition of Mike Waldkirch, current CFO of the Company, to the
board of directors.
The Company also announces that it has granted 5,000,000 stock options to certain employees, officers, consultants and directors at today’s closing price.
The stock options are subject to the terms of the Company’s stock option plan and regulatory approval.
ON BEHALF OF THE BOARD
“Jonathan Awde”
Jonathan Awde, President
FOR FURTHER INFORMATION PLEASE CONTACT: Northern Star Mining Corp. TOLL FREE (800) 460-5031 or (819) 825-8088, (FAX) (819) 825-1199 Website: www.nsmgold.com
Or
Renmark Financial Communications
Inc.
Barry Mire: bmire@renmarkfinancial.com
christine stewart: cstewart@renmarkfinancial.com
www.renmarkfinancial.com
This
press release contains certain “Forward-Looking Statements” within the meaning
of Section 21E of the United States Security Exchange Act of 1934, and involves
a number of risks and uncertainties. Important factors that could cause
actual results to differ materially from the Company’s expectations are
disclosed in the Company’s documents filed from time to time with the TSX
Venture Exchange and the British Columbia Securities Commission. All
statements, other than of historical fact, included herein are forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate, and actual results
and future events could differ materially from those anticipated in such
statements. 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.