AGM Update, New Director and Options Granted
February 14, 2013 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) reports that at the Annual General Meeting held January 28, 2013 Ellen Clements (President), John Jewitt and William Meyer was voted onto the Board of Directors.
The Board members welcome new director William Meyer. Mr. Meyer is a Professional Engineer with a degree in Geology (UBC, 1962) and was Vice-President, Exploration for Teck Corporation from 1993 to1998 and President of Teck Exploration Ltd. from 1979 to 1998. He joined Teck Exploration Ltd. in 1979 as Exploration Manager for Western Canada and the United States. In 1991, he was appointed Vice-President, Exploration, for Teck Corporation responsible for the direction of exploration activities for Teck and its associated companies worldwide. His career has spanned more than 40 years, starting as an exploration geologist with Phelps Dodge Corporation of Canada and later as senior geologist with Gibraltar Mines Ltd. He was a partner at the consulting firm of Western Geological Services in 1967 and formed his own consulting firm in 1975. He is currently on the Board of Minco Base Metals (unlisted), GGL Resources and Golden Reign Resources Ltd.
Shareholder approval, at the AGM, of the Shareholder Rights Plan Agreement between the Company and Computershare Investor Services Inc. (ref News Release dated November 22, 2012), the renewal of the current Stock Option Plan (as described in the Information Circular) and authorize the Directors to make modifications in accordance with the Plan.
New Nadina Explorations effective February 14, 2013 has granted 2,500,000 stock options to directors and employees. The options are exercisable at 10 cents per share for a period of five years, expire February 14, 2018. All options granted are in accordance with the Company Stock Option Plan and subject to TSX-V approval.
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