|By Marketwired .||
|August 22, 2013 06:22 PM EDT||
LONDON, UNITED KINGDOM -- (Marketwired) -- 08/22/13 -- Hunter Bay Minerals plc ("Hunter Bay") (TSX VENTURE:HBY)(OTCQX:HTBNF) announces that the board of directors has determined, effective immediately, to appoint Nico Civelli as Chief Executive Officer of Hunter Bay. Nico Civelli has served as the Vice President of Finance and as Non-Executive Director since March 2011.
Mr. Civelli is a Zurich-based independent financial advisor who provides financial consultancy services through his wholly-owned company Niconsult Ltd. In this capacity, Mr. Civelli works closely with several leading European and North American private asset management companies and funds, which specialize in the natural resources sector. Mr. Civelli studied at the Universities of Zurich and St. Gallen in Switzerland before completing a Masters Degree in Applied Finance at the University of Southern Queensland in Australia. Mr. Civelli is currently Vice President of Finance and a director of Terra Nova Energy Ltd. and an independent director of Callinex Mines Inc.
Hunter Bay's Chairman, Dr. Chris Wilson, comments that, "I am delighted with appointment of Mr. Civelli as Hunter Bay's new CEO. Mr. Civelli has a long association with Hunter Bay and has been instrumental in Hunter Bay's financings over the last two years in his capacity as Vice President of Finance and before that as a significant shareholder. Nico's significant experience in the Junior Mining sector and capital markets, and long association with Hunter Bay, will significantly strengthen our links with the investment community and provide important direction at these difficult market times."
About Hunter Bay
Hunter Bay is engaged in the acquisition, exploration and development of mineral resource properties located in South America and Canada. Hunter Bay's lead project is the Sela Creek Project, located in Suriname, in which Hunter Bay has an option to acquire up to an eighty percent (80%) interest. Hunter Bay also owns a one-hundred percent (100%) interest in the Great Bear Lake Properties located in the eastern side of Great Bear Lake, NWT, Canada.
NEITHER 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.
Hunter Bay Minerals plc
CEO and director