VANCOUVER, CANADA, December 13, 2024 – Nordique Resources Inc. (“Nordique” or the “Company”) (CSE: NORD) is pleased to announce the appointment of Damion Carruel to the Board of Directors and as Chief Executive Officer of the Company, effective immediately.
Damion Carruel brings over 30 years of experience in the financial markets, with a distinguished career based in the City of London. He has extensive experience in trading and market making, particularly within the mining and resources sectors.
Mr. Carruel began his career in stockbroking before spending a decade trading financial futures on the London International Financial Futures Exchange (LIFFE) for major institutions. He then returned to the UK stock market, where he worked as a broker and market maker for Evolution Securities and Liberum. In 2014, he transitioned into strategic corporate roles, raising both primary and secondary finance for companies listed on the London Stock Exchange. Additionally, Mr. Carruel is a founder of companies in the wellness and financial services sectors.
The Company has granted 500,000 incentive stock options (the “Options”) to Mr. Carrruel, pursuant to the Company’s equity incentive plan. The Options are exercisable on or before December 13, 2029, at an exercise price of $0.06 per common share. The Options, and any common shares issued upon exercise of such Options are subject to a four (4) month and one (1) day hold period, expiring on April 14, 2025.
Mr. Carruel replaces Geoff Balderson who has resigned as Chief Executive Officer and as a director of the Company. The company expresses it gratitude to Mr. Balderson for his valuable contributions and extends its best wishes for his future endeavors.
About the Company
Nordique Resources Inc. is a Lithium and Gold exploration issuer based in Vancouver, B.C. The Company owns a 100% interest in the Quebec-Li properties in northern Quebec. The Company also owns 100% of the Albany Forks Rare Earth Elements (REE) property in northern Ontario.
For more information, investors should review the Company’s filings that are available at https://www.sedarplus.ca.
Contact Information
Damion Carruel
CEO and Director
Telephone: (236)-521-0626
Forward-Looking Statements
This news release contains certain forward-looking statements that are “forward looking information” within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance are “forward-looking information”. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.
