Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

NVT.V ·

Nortec announces Management Change

Management Changes

NORTEC MINERALS CORP .

TSX-V: NVT / FSE: WMQ / OTC-PK: NMNZF

Suite 2000, 1066 West Hastings Street

Vancouver BC V6E 3X4, Canada

Phone: +1 604-717-6426

TAMMELA MINERALS Oy

c/o Kalliolaw Asianajotoimisto Oy

Eteläranta 12,

FI-00130 Helsinki, Finland

Phone: +358 9 6812 930

Nortec announces Management Change

Vancouver, BC / TNW – Accesswire / Vancouver, B.C., February 1, 2017 – Nortec Minerals Corp . (TSX-V:

NVT; OTC-PK: NMNZF) (the “Company” or “Nortec”) – Nortec, a Canadian public company listed on the

TSX Venture Exchange announces the appointment of Michael Malana as Chief Financial Officer .

Mr. Malana, CPA, CMA has extensive experience in administration, accounting and reporting for several public

companies. He is currently the CFO of Patriot One Technologies I nc. (TSXV:PAT) where he was instrumental in

completing a recent reverse takeover. As CFO and Corporate Secretary of Apivio Systems Inc., (TSXV:APV), he

was responsible for Apivio’s transition from a private to a public company. As CFO of Sunward Resources Ltd.

(TSX:SWD), he was involved in its transition from the TSX Venture Exchange to the TSX. Prior to that Mr.

Malana was the Corporate Controller of Jinshan Gold Mines (now listed on the TSX as China National Gold) whe n

it transitioned from exploration, to development to production. He was also involved in Jinshan's early adoption of

IFRS and their secondary listing on the Hong Kong Stock Exchange.

Nortec is pleased to welcome Mr. Malana to Nortec ’s management. His broad range of experiences ensures

financial control as the company advances both its current and additional projects in the future.

Stock Options

The Company also announces the issuance of 3,000,000 incentive share purchase stock options to employees,

consultants, advisors and directors. Each option has an exercise price of $0.08 and is exercisable at any time prior

to February 1, 2019, subject to the terms and conditions of the Company’s Stock Option Plan.

About Nortec Minerals Corp.

Nortec is a mineral exploration and development com pany based in Vancouver, British Columbia. The Company

has a 100% interest in the Tammela Gold & Lithium Project in South -West Finland. Avalon Minerals of Australia

has a 51% Stage 1 earn in and an 80% Stage 2 earn -in joint venture on the Tammela Project. Avalon has completed

more than 3,000 meters diamond drilling on the Kietyonmaki lithium prospect and the Satulinmaki and Riukka

prospects that comprise the Tammela Project. The results were announced in the Company’s press releases dated

15th September, 23rd September and 22 nd November, 2016. The results can also be referred to in Avalon Minerals

website: http://avalonminerals.com.au/. The positive results from Avalon’s drilling, together with the

historical drilling results of the Finnish Geological Survey, exhibit a large gold system. Avalon’s drilling also

confirmed the presence significant Lithium mineralization with values as high as 24m at 1.44% Li2O.

The Company recently signed a Letter of Intent with The Golden Rule Limited to acquire 80% of its major gold

properties in Guinea, West Africa. Information on the planned exploration programs and all Company projects

have been posted on the Company’s website www.nortecminerals.com.

On behalf of the Board of Directors,

NORTEC MINERALS CORP.

“Mohan R. Vulimiri”

Mohan R. Vulimiri, CEO and Chairman

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or

accuracy of this news release.

NORTEC MINERALS CORP .

TSX-V: NVT / FSE: WMQ / OTC-PK: NMNZF

Suite 2000, 1066 West Hastings Street

Vancouver BC V6E 3X4, Canada

Phone: +1 604-717-6426

TAMMELA MINERALS Oy

c/o Kalliolaw Asianajotoimisto Oy

Eteläranta 12,

FI-00130 Helsinki, Finland

Phone: +358 9 6812 930

This press release contains certain forward looking statements which involve known and unknown risks, delays

and uncertainties not under the Company’s control which may cause actual results, performances or

achievements of the Company to be materially dif ferent from the results, performances or expectations implied

by these forward looking statements. This news release does not constitute an offer to sell or a solicitation of an

offer to buy any of the securities in the United States.