Business
Alexander Nubia International Inc. Strengthens Corporate Development with the Appointment of Rick Peterson, VP of Corporate Development
Alexander Nubia International Inc. Strengthens Corporate Development with the Appointment of R...
About this update from Aton Resources Inc.
[{"type":"text","content":"Alexander Nubia International Inc. Strengthens Corporate Development with the Appointment of Rick Peterson, VP of Corporate DevelopmentAlexander Nubia International Inc. Strengthens Corporate Development with the Appointment of Rick Peterson, VP of Corporate Development\nToronto, Ontario CANADA, May 23, 2013 /FSC/ - Alexander Nubia International Inc. (AAN - TSX Venture), (the \"Company\") is pleased to announce the appointment of Mr. Rick Peterson to provide corporate advisory services for the Company. Mr. Peterson will report directly to the Chief Executive Officer of the Company, Alexander Massoud. \nMr. Peterson has significant corporate development, capital markets and financing expertise to public companies in Canada. Rick has spent 25 years working in senior retail, institutional and investment banking positions with Canada's leading investment dealers and with emerging growth companies in the resource, technology, health sciences and industrial sectors. He has a significant network of high net-worth Investment Advisors in Canada as well as institutional investors and investment bankers in Canada and Europe.\nThe Company has granted Mr. Peterson 400,000 options to purchase common shares, exercisable at a price of $0.10 per share for a period of 2 years vesting in equal amounts on quarterly basis over 18 months. The granting of the options is subject to TSX Venture Exchange approval. \nAbout Alexander Nubia International Inc.\nAlexander Nubia International Inc. is an established Canadian mineral exploration company that has been operating in Egypt since 2007.  It is committed to identifying, focusing on and advancing gold and base-metal projects in the Eastern Desert of Egypt.  The Company holds two exploration concessions in Egypt: Abu Marawat and Fatiri, which cover areas of 1,027 km2 and 1,745 km2, respectively.  The Company is focused on exploration within the Abu Marawat Concession, which contains its two main properties, the Hamama volcanogenic massive sulphide (\"VMS\") deposit and the Abu Marawat mesothermal vein deposit, with an NI 43-101-compliant inferred gold-copper-rich resource. \nThe Hamama VMS deposit is located in the Arabian-Nubian Shield, which is known for the quality of its VMS deposits.  Positive first-stage drill results at Hamama intersected high-grade semi-mas...