Business
Northwestern builds on strength of management team - Promotes respected geologist to CEO, names new Directors
Northwestern builds on strength of management team - Promotes respected geologist to CEO, names new Directors.
About this update from Gabriel Resources Ltd.
[{"type":"text","content":"\n\n\n\n\nTORONTO, May 31 /CNW/ - Northwestern Mineral Ventures Inc. (TSX-V: NWT;\nOTCBB: NWTMF) today announced that Marek Kreczmer, M.Sc. (Geo), P.Eng., has\nassumed the role of Chief Executive Officer of the company, subject to\nTSX Venture Exchange approval. Mr. Kreczmer, who was named President of\nNorthwestern in October 2005, is an accomplished mining professional with\nextensive experience in uranium exploration and development. He succeeds\nfounding CEO Kabir Ahmed, who remains with the company in an executive\ncapacity as Chairman of the Board of Directors. Northwestern has also\nrestructured its Board with the addition of three respected geologists to\nreflect the company's focus on strengthening its position as an active uranium\nexplorer.\n\"As Northwestern concentrates on the development of our highly\nprospective uranium portfolio, we will benefit from Mr. Kreczmer's direction\nand technical expertise, as well as the depth of knowledge that the new\ndirectors will bring,\" said Kabir Ahmed, Chairman of Northwestern. \"Our team's\nconsiderable African mining and development experience and extensive network\nof regional mining contacts will assist Northwestern increase its independence\nfrom other uranium exploration firms operating in the Republic of Niger.\"\nMr. Kreczmer is a 30-year veteran of the mining industry and has worked\nfor major and emerging companies focused on uranium, base and precious metals,\nincluding uranium producer Cameco Corp. He also has extensive experience in\ncorporate governance and administration through his work as a current and\nformer director of several publicly listed mining companies.\nFounding CEO Kabir Ahmed will continue as an active and valued member of\nNorthwestern's executive management team as Chairman of the Board and will\nprovide the company with legal, regulatory and corporate guidance. Mr. Ahmed\nserved as CEO of Northwestern from its incorporation in September 2003, and\nunder his leadership, Northwestern successfully secured its current property\nportfolio and recently completed a financing of approximately C$18 million.\n\"We would like to thank Mr. Ahmed for his tireless efforts in helping to\nbuild a strong, well-financed publicly traded company,\" said Mr. Kreczmer. \"We\nlook forward to his continuing contributions as we advance Northwestern to its\nnext phase ...