North American Gem Inc.

North American Gem Inc.

February 24, 2012 16:11 ET

North American Gem Inc. Appoints New Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 24, 2012) - North American Gem Inc. (TSX VENTURE:NAG) (NAG) reports that the company has appointed Mr. Verne Dawson to the board of directors. Mr. Dawson has over 20 years experience as a successful business owner and has extensive experience in the capital markets. Mr. Dawson graduated from the administration program at Okanagan College which allowed him to work in the accounting department for the Western Canada Lottery Foundation and BC Lottery Corporation. Mr. Dawson has also spent time as the Senior Plant Operator at Oxidental Petroleum and has gained experience in open pit mining operations representing NAG in its Kentucky Operations. Mr. Dawson has also worked for 22 years as an Emergency Services provider for the Kelowna Fire Department and retired as Senior Captain.

Mr. Peter Dickie recently resigned as director of the company to pursue other interest. The Company would like to thank Mr. Dickie for all his contributions to date.

North American Gem Inc. (TSX VENTURE:NAG) is a Junior Exploration Company based in Western Canada. The Company's primary goal is to explore for Coal in North America, currently the focus is in Kentucky, Saskatchewan, and West Virginia. In addition to Coal exploration, the Company also has interests in Uranium, Copper, Gold, Molybdenum and other base metals in Canada.

On Behalf of the Board of Directors


Charles Desjardins, President and Director

Cautionary note:

This report contains forward-looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. The production rate and mine-life projections have been made without support of a feasibility study, there is no certainty the proposed operations will be economically viable. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

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