17 December 2020
North Arrow Minerals Inc. is pleased to announce that Ms. Torrie Chartier has been elected as an independent director to the Company’s board of directors, increasing the number of directors to five.
Ken Armstrong, President and CEO of North Arrow stated “It is a pleasure to welcome Torrie Chartier to the North Arrow board. Ms. Chartier is an experienced industry professional and North Arrow will benefit from her expertise and advice as the company takes advantage of improving diamond market sentiment to advance our Canadian diamond exploration projects in 2021, including an important $5.6 million, 1,500 to 2,000 tonne bulk sample program at the Naujaat Diamond Project, fully financed and set to start in June 2021.”
Ms. Chartier presently serves as CFO and a Director of Uravan Minerals Inc., and as Principal and Company Manager of Elbow River Helicopters, both Calgary based businesses. In addition to her involvement in the junior exploration sector as a financial executive, Ms. Chartier also brings to the role over 20 years of experience as a diamond exploration geologist. Ms. Chartier holds a BSc. from Lake Superior State University (1984), M.Sc. from Michigan Technology University (1986) and an MBA from the University of Calgary, Alberta (2003). In the 1980-90’s, Torrie worked as an independent consultant and diamond geologist in exploration projects for various junior companies and was directly involved in the discovery of kimberlites in Michigan, NWT, Nunavut, and Greenland.
The Company also announces that, pursuant to the North Arrow Stock Option Plan, a total of 400,000 incentive stock options have been granted to a director of the Company. The stock options are exercisable to acquire one common share of North Arrow at $0.10 per share and can be exercised until December 17, 2025.