Nevada Copper Corp.

TSX : NCU


Nevada Copper Corp.

December 02, 2013 08:00 ET

Nevada Copper Appoints Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 2, 2013) - Nevada Copper Corp. (TSX:NCU) ("Nevada Copper") (the "Company") is pleased to announce the appointment of two directors to its Board of Directors. Pursuant to the terms of their appointments, Mr. Daniel Dumas and Ms. Kate Mitchell have joined the Board of Directors effective immediately.

Appointments of New Directors

The Board of Directors will also nominate Mr. Dumas and Ms. Mitchell for election as directors at Nevada Copper's annual and special meeting of shareholders to be held on Monday, December 16, 2013. Accordingly, management of Nevada Copper will put before the meeting a resolution to fix the number of directors for the ensuing year at eight and will nominate Mr. Dumas and Ms. Mitchell for election as directors in addition to the six nominees named in the Corporation's management information circular dated November 8, 2013.

Management intends to vote in favour of such resolution and the election of such nominees in accordance with the discretionary authority conferred on management pursuant to any proxies submitted to Nevada Copper in connection with the meeting. A shareholder who has given a proxy may revoke it at any time before the proxy is exercised. Please see Nevada Copper's management information circular dated November 8, 2013 for further instructions.

Appointment of Non-Executive Chairman and Lead Director

Nevada Copper is pleased to announce that Jan Castro has been appointed as Non-Executive Chairman. Mr. Castro has been a director of Nevada Copper since November 2010 and is the Chief Executive Officer of Pala Investments.

Also, Nevada Copper is pleased to announce that Victor Bradley has been appointed as Lead Director of the Corporation. Mr. Bradley has been a director of Nevada Copper since February 2012 and is the Chairman of Osisko Mining Corp.

Mr. Bonifacio, President & CEO, commented, "On behalf of Nevada Copper's Board of Directors, we welcome Dan and Kate to our Board. Dan's mining experience and Kate's commercial and legal experience will be invaluable at our current stage as we continue to advance Pumpkin Hollow to production. We are also delighted with Jan assuming the role as Non-executive Chairman and Vic as our Lead Director. I look forward to working with Jan and Vic as we advance the corporate and strategic goals of the Company."

Daniel Dumas: Mr. Dumas is an industry leader with broad-based expertise in mining construction, engineering, finance, business development and has been involved with many publicly listed mining companies. He is the founder and CEO of Dumas Contracting Ltd., which he has led over the past 20 years to become a specialized international mining contractor. He has proven ability to quickly analyze key business drivers and develop strategies to grow the bottom line, a wealth of technical and project management experience, and strong acumen for tenders, pricing structures and contract language. He holds a Bachelor of Science and a Master of Science in Mining Engineering, is a graduate of the ICD-Rotman Directors Education Program through the University of Toronto, and is a licensed Professional Engineer.

Kate Mitchell: Ms. Mitchell serves as Assistant General Counsel of Pala Investments and has significant experience in corporate transactions and equity and debt financings. Prior to joining Pala Investments, Ms. Mitchell worked at Nyrstar NV, a global metals and mining company, where she completed a number of acquisitions, divestments and strategic redevelopment projects in Canada, Europe and Australia. Prior to this, Ms. Mitchell was in private practice at New York and London offices of Shearman & Sterling. She obtained a BA in Law with French from Nottingham University, is a qualified solicitor in England & Wales, and is also admitted to the New York Bar.

For additional information about Nevada Copper please visit our website at www.nevadacopper.com.

NEVADA COPPER CORP.

Giulio T. Bonifacio, President & CEO

We seek safe harbour.

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