Alexander Nubia Retains Swiss Resources Capital AG for Investor Relations Services
Toronto, Ontario CANADA, November 05, 2013 /FSC/ - Alexander Nubia International Inc. (AAN - TSX Venture), a Canadian company focused on the exploration and development of precious and base-metal deposits in Egypt, is pleased to announce that it has retained Swiss Resources Capital AG ("SRC") to provide strategic investor relations and financial communications services.
Under the terms of the agreement, Alexander Nubia will pay SRC 175,000 options to purchase common shares, exercisable at a price of $0.10 per share for a period of 2 years as of the date the options vest, 75,000 options vesting immediately and 100,000 vesting at the end of the term. The initial contract term is 4 months and commences immediately. The granting of the options is subject to TSX Venture Exchange approval.
Mr. Alexander Massoud, Chief Executive Officer stated, "We believe the Company has a unique value proposition and the SRC engagement will extend our reach to an important market. Over the past year the Company has been focused on delivering technical and operational results. The most notable is the discovery of the gold-silver-rich polymetallic VMS deposit at Hamama. This flagship deposit has the potential to be a significant economic VMS deposit with the Arabian-Nubian Shield. This new relationship is the first step as part of a broader plan to improve the Company's visibility."
About Alexander Nubia International Inc.
Alexander Nubia International Inc. is an established Canadian mineral exploration company that has been operating in Egypt since 2007. It is committed to identifying, focusing on, and advancing gold and base-metal projects in the Eastern Desert of Egypt, part of the Arabian Nubian Shield, which is known for the quality of its VMS deposits. The Company holds two exploration concessions in Egypt: Abu Marawat and Fatiri, which cover areas of 1,027 km2 and 1,745 km2, respectively. It is focused on exploration within the Abu Marawat Concession, which contains its two main properties, the Hamama volcanogenic massive sulphide ("VMS") deposit and the Abu Marawat mesothermal vein deposit, the latter with an NI 43-101-compliant inferred gold-copper-rich resource.
Positive drill results at Hamama intersected high-grade semi-massive and massive volcanogenic sulphide mineralization, which contains a broad zone of VMS gossan with high-grade gold and silver (an oxidized "gold cap") above a primary zinc-gold-silver-rich exhalite horizon, and an extensive mineralized footwall stringer and breccia zone.
The Company holds a highly prospective land package with an established history of mining dating back to the Pharaonic era, with three historical gold mines and four major prospects. The land package is enhanced by excellent and nearby infrastructure, which includes access to highway and railway, a high-capacity electricity grid, and nearby major cities: Qena, on the Nile River, and Port of Safaga, on the Red Sea.
About Swiss Resource Capital AG
Swiss Resource Capital AG, www.resource-capital.ch is the communication partner of the mining industry. The unique communication solution providing the perfect combination of traditional services like translation and dissemination of press releases, editorial services, European roadshows in 10 major cities and further more active social media management and the unique www.Commodity-TV.net (English) & and www.Rohstoff-TV.net (German) with over 9,000 viewers per month gets resource companies the awareness they deserve. In addition SRC provides a one-of-a kind Interference & Clipping Marketing tool for press releases, company articles and write-ups. SRC has a worldwide professional network of experts consisting of brokers, executives, geologists and works with funds and asset managers closely together. SRC conducts site visits of selected projects, in-house research, ongoing analysis as well as monitoring and contact with the management of the companies. This keeps them abreast of promising investment opportunities in the resource sector.
For more information on Alexander Nubia please contact:
A. Alexander Massoud
President and Chief Executive Officer
Egypt: +2 (0) 22 287 6914
Email: amassoud@alexandernubia.com
General Information
Canada: +1 (604) 727-1813
Email: ir@alexandernubia.com
Swiss Resource Capital AG
Jochen Staiger, CEO
info@resource-capital.ch
Cautionary Note Regarding Forward-Looking Statements
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 news release. The securities of Alexander Nubia International Inc. described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions; by their very nature they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view this press release as a PDF file, click onto the following link:
http://www.usetdas.com/pr/AlexanderNubiaNov52013.pdf
Source: Alexander Nubia International Inc. (TSX.V - AAN) http://www.alexandernubia.com
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