August 24, 2007 15:05 ET

Nordex Explosives Announces New Member of the Board of Directors

MISSISSAUGA, ONTARIO--(Marketwire - Aug. 24, 2007) -


LES EXPLOSIFS NORDEX LTEE./NORDEX EXPLOSIVES LTD. (TSX VENTURE:NXX) today announced the resignation of a director and appointment of a new director.

At a meeting of the Board of Directors held on August 24, 2007, Mr. Jules Roy resigned as a director of the Corporation. Mr. Roy has served as a director since 2002 and the Corporation would like to thank him for his valuable service over this period.

At the same meeting, Mr. John Huxley from Toronto, Canada was nominated and agreed to serve as a director of the Corporation. Mr. Huxley has a law degree with experience in corporate law. He brings extensive experience in mining, finance and corporate governance. He is a director with Kinross Gold Corporation and is on several of their committees including Audit, Compensation and Risk. Mr. Huxley co-founded Algonquin Power (now Algonquin Power Income Fund) where he has served as President.

The following individuals are now the directors and officers of the Corporation.

A. Timothy Peterson - Director and Chairman
John Kozak - Director, President and Chief Executive Officer
Bruce Bent - Director and Acting Chief Financial Officer
Bruce Forth - Director and Secretary
John Huxley - Director
Jim Taylor - Vice President Operations and Chief Operating Officer

Forward-Looking Statements

This press release contains forward-looking statements based on current expectations. These forward-looking statements contain various risks and uncertainties which could cause actual results to differ materially from those reflected in the forward-looking statements. Risks and uncertainties about the Company's business are more fully disclosed in the disclosure materials, financial statements and MD&A filed with the securities regulatory authorities in Canada on

ABOUT NORDEX EXPLOSIVES: LES EXPLOSIFS NORDEX LTEE./NORDEX EXPLOSIVES LTD. (TSX VENTURE:NXX) is a developer, manufacturer and distributor of explosives for the mining, quarry and road construction industries. Founded in 1970, its manufacturing operations and distribution centre is strategically located in one of the world's largest mining regions near Kirkland Lake, Ontario.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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