NORDEX EXPLOSIVES LTD.
TSX VENTURE : NXX

NORDEX EXPLOSIVES LTD.

July 14, 2010 13:24 ET

Nordex Explosives Announces Election of New Board of Directors

MONTREAL, QUEBEC--(Marketwire - July 14, 2010) -

NOT FOR U.S. DISTRIBUTION.

Nordex Explosives Ltd. ("Nordex") (TSX VENTURE:NXX) announces that Mr. Adel Amin, Mr. Andrew Bruziewicz, Mr. Jacques Levesque, Mr. Lino Luciani and Mr. James O'Reilly (the "New Board") were elected to the board of directors today at the annual and special meeting of shareholders of Nordex. The New Board replaces the previous board of directors which consisted of Mr. John Huxley, Mr. Jules Roy, Mr. John Kozak and Mr. Bruce Bent.

"We are pleased with this result and thank the shareholders of Nordex for their support," said Jacques Levesque. "We intend to get to work immediately at creating value for shareholders. The New Board will announce its management team shortly and will update shareholders regularly as we move forward."

Forward-Looking Statements

Investors should note that some statements in this press release are forward-looking and may not give full weight to all potential risks and uncertainties. Forward-looking statements are, by their nature, subject to risks and uncertainties, and actual results, actions or events could materially differ from those set forth in the forward-looking statements. All forward-looking statements are only valid at the date they were made.

Contact Information

  • Nordex Explosives Ltd.
    Mr. Jacques Levesque
    Director
    (519) 344-2822