Nordex Explosives Ltd.
TSX VENTURE : NXX

Nordex Explosives Ltd.

October 21, 2014 07:00 ET

Nordex Explosives Ltd. Initiates Product and Blast Optimization Program

KIRKLAND LAKE, ONTARIO--(Marketwired - Oct. 21, 2014) - NORDEX EXPLOSIVES LTD. ("Nordex" or the "Corporation") (TSX VENTURE:NXX) is pleased to announce the implementation of a new initiative designed to assist existing and new clients identify potential cost savings through the use of Nordex products in blasting operations. All facilities, personnel and support mechanisms under this program are being finalized and will enable customers to have the ability to measure results through efficiency reports prepared under the Nordex brand.

Nordex will be working with Dr. Calvin Konya, a 40 year veteran of the explosives industry. He is a founding member, president and first executive director of the International Society of Explosives Engineers. Dr. Konya is also a director of the Academy for Blasting and Explosives Technology and president of Precision Blasting Services. He has an impressive resume of significant achievements in blast design, education, research, legal consultation, and management. Dr. Konya has authored more than 130 technical papers, books and reports and has overseen numerous technically challenging blasting projects worldwide.

With this new initiative, Nordex has appointed Mr. Pat O'Connell to the position of Manager, Product & Blast Optimization. Mr. O'Connell will assist in the formative stages and lead implementation with new and existing clients. This initiative will include effective training of all field personnel, base line studies, data collection, computer analysis and modelling, technical analysis, measured results and cost savings reports.

Jim Taylor, President, CEO states; "This optimization program will further increase the 'value added' services available to our Nordex clients. We are committed to being recognized as the leader in providing innovative and effective explosives solutions to our customers. Our ongoing expansion and feedback from existing customers continues to drive our team to find improved services and systems that enable users of Nordex products to achieve efficiencies in their overall operations. We anticipate this approach will generate cost savings for our consumers and lead to further expansion and increased revenues for Nordex through new opportunities to share our innovative ideas and technology."

About Nordex Explosives

Nordex Explosives Ltd. is a Canadian-based manufacturer and distributor of explosives for the mining, quarry and construction industries since 1970. Its manufacturing operations and distribution centre is strategically located in one of the world's largest mining regions near Kirkland Lake, Ontario. Nordex is the exclusive supplier of the "Buttbuster" perimeter control explosive products in Canada.

Additional information can be found at www.nordexexplosives.com.

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