Newstrike Capital Inc.
TSX VENTURE : NES

Newstrike Capital Inc.

February 10, 2012 16:05 ET

Newstrike Appoints George Brack to Board

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 10, 2012) -

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Newstrike Capital Inc. (TSX VENTURE:NES) ("Newstrike" or the "Company") is pleased to announce the election of Mr. George L. Brack to the Company's Board of Directors. Mr. Brack is a mining industry veteran with extensive experience in the areas of investment banking and corporate development. Most recently Mr. Brack acted as the Managing Director and Industry Head, Mining Group, of Scotia Capital where he led a team responsible for the identification, evaluation and execution of strategic mergers and acquisitions, as well as the provision of equity financing.

"We are very pleased to welcome George to Newstrike's Board of Directors," said Richard Whittall, President & CEO. "Mr. Brack's extensive knowledge of the mining industry is extremely complementary to Newstrike's growth strategy and we are confident that Mr. Brack's depth of experience and knowledge will be of great benefit to Newstrike in its future plans."

Director Biography

Mr. Brack currently serves as a director of Alexco Resources, Capstone Mining, Geologix Explorations, and Silver Wheaton Corp. Mr. Brack holds an MBA from York University, a BASc in Geological Engineering from the University of Toronto, and a CFA designation.

About Newstrike (TSX VENTURE:NES)

Newstrike Capital Inc. is a gold-silver focused explorer, targeting known and historic mining districts in Mexico. Current management and directors co-discovered Goldcorp's and Teck's significant discoveries in Guerrero Gold Belt in Guerrero State, currently in advanced stages of exploration and production.

Newstrike holds a 100% interest in certain exploration properties in Mexico located within two established mining districts; the gold-bearing oxidized iron skarn-porphyry camp of the Guerrero Gold Belt, and the polymetallic Ag-Au-Cu rich epithermal camp of the mining districts of Oaxaca State.

Neither the TSX Venture Exchange (the "TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) has reviewed, nor do they accept responsibility for the adequacy or accuracy of, this release.

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