|By Marketwired .||
|March 17, 2014 04:30 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/17/14 -- Nevada Copper Corp. (TSX: NCU) ("Nevada Copper") is pleased to announce the appointment of Mr. Philip Clegg to its Board of Directors. Mr. Clegg graduated from the University of Oxford with a Masters in Earth Sciences and is also a qualified Chartered Accountant (ACA).
Mr. Clegg serves as a Senior Manager of Pala Investments. Mr. Clegg has twelve years of experience as an advisor in the natural resources sector, and has worked with a number of Pala's portfolio companies assisting with strategic development, M&A, business performance, financial planning and structuring. He was seconded as CFO of Dumas Mining in 2012 and is currently Chairman of Dumas. During his tenure with Dumas he has refinanced the business, advised on M&A activity, developed management incentive plans and optimized business processes.
Before joining Pala in 2009, Mr. Clegg was a Senior Manager at Deloitte London, where he was involved with advisory projects, transactions and consulting engagements in the resource sector. Mr. Clegg advised on the IPOs of Vedanta Resources, INA and Wilson Sons, various bond issues for Vedanta and other resource majors, and other transactions and consultancy projects. Companies he has worked with include Anglo American, Norsk Hydro, Hambledon Mining and the World Gold Council.
Nevada Copper also announces the resignation of Ms. Kate Mitchell as a director of the Company. We thank Ms. Mitchell for her service to the Company.
Mr. Giulio Bonifacio, President & CEO commented, "On behalf of Nevada Copper's Board of Directors, we welcome Philip to our Board. Philip's mining industry experience will prove invaluable to Nevada Copper as we advance Pumpkin Hollow to production."
NEVADA COPPER CORP.
Giulio T. Bonifacio, President & CEO
We seek safe harbour.