VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 31, 2008) - Newstrike Capital Inc. (NEX:NES.H) ("Newstrike" or "the Company") is pleased to announce that Mr. Kevin D. Rathbun has been appointed to the Board of Directors of the Company, effective December 18, 2008.
Mr. Rathbun has been a partner with Watershed Capital Partners since 2001 and has been directly involved in numerous successful merger, acquisition and divestiture transactions. He holds the designations of Chartered Financial Analyst and Certified Financial Planner as well as a degree from Royal Roads University.
At the same time, the Company announces the resignation of Messrs. Richard J. Bailes and Jan Christoffersen as directors of the Company, effective December 12, 2008, and takes the opportunity to thank them for their services to the Company.
Forward-Looking Statements
Statements made and information contained herein regarding the company's intention to raise proceeds from the proposed financing and its anticipated use of such proceeds is "forward-looking information" within the meaning of applicable securities legislation. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that may not occur in the future. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties associated with the estimation of mineral resources and reserves and the geology, grade and continuity of mineral deposits; the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses; the possibility that future exploration will not be consistent with the company's expectations; the potential for and effects of labour disputes or other unanticipated difficulties with or shortages of labour; uncertain political and economic environments; changes in laws or policies, foreign taxation, delays or the inability to obtain necessary governmental permits; general economic factors; and other risks and uncertainties. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
Newstrike Capital Inc. Mr. Richard Whittall President & CEO (604) 605-4654
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
© Marketwire
