Northern Abitibi Appoints Interim Chief Financial Officer

CALGARY, ALBERTA--(Marketwire - June 18, 2012) - Northern Abitibi (TSX VENTURE:NAI) wishes to announce that Shari Difley, its chief financial officer, has resigned to pursue other personal opportunities.

"On behalf of the Board of Northern Abitibi, I want to thank Shari for her very valuable and extensive service to the company and to wish her every success in her future endeavors," said Shane Ebert, President of Northern Abitibi.

Douglas Porter will act as interim CFO. Mr. Porter, C.A., CBV is the Managing Director of Porter Valuations Inc., a specialty business valuation firm providing valuation and financial consulting services to a broad spectrum of private and public companies throughout Western Canada. From 1997 to 2005 he was the Managing Director of Smith Cageorge Porter Inc., a similar specialty valuation firm based in Calgary. From 1990 to 1997 he held various positions with the Calgary office of Arthur Andersen. Mr. Porter has a Bachelor of Commerce degree from the University of Calgary (1990). He also serves as a director and officer of a number of public and private companies.

Shane Ebert, President/Director

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Northern Abitibi's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Northern Abitibi. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Northern Abitibi's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Northern Abitibi's filings with the Canadian securities authorities. Accordingly, holders of Northern Abitibi shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Northern Abitibi disclaims any responsibility to update these forward-looking statements.