ABBOTSFORD, BC, March 5, 2012 /PRNewswire/ - Nubian Resources
Ltd. (NBR:TSX.V) (the "Company") announces that it held its Annual
General Meeting of Shareholders (the "Meeting") on Thursday, March 1, 2012 at which Meeting the
following individuals were re-elected directors of the
Company: Markus Janser,
David A. Fynn, Lawrence G. Treadgold and Christopher J.V. Wheatley. Shareholders
approved the re-appointment of Morgan & Co., as auditors of the
Company and continuation of the Company's 10% rolling stock option
plan.
Immediately after the Meeting, the Board of
Directors appointed the following officers of the Company:
| Lawrence G. Treadgold |
Chief Executive Officer |
| David A. Fynn, CA |
Chief Financial Officer |
| Jeannette Durand |
Corporate Secretary |
Markus Janser
will continue his role as Lead Director of the Company and Dr.
Christopher J.V. Wheatley was
appointed as Technical Director.
David A. Fynn,
Markus Janser and Christopher J.V. Wheatley were appointed members
of the Audit Committee for the ensuing year, of which David A. Fynn is Chair.
CEO of Nubian, Lawrence
Treadgold, comments: "that he is pleased that more than 30%
of shareholders were represented in the meeting and unanimously
supported all resolutions".
"Larry Treadgold"
Larry Treadgold
CEO Nubian Resources Ltd
This release includes certain statements that are
"forward-looking statements". All statements in this release, other
than statements of historical facts that address future
exploration, development and production activities, and other
circumstances, events and developments that the Company expects,
are forward-looking statements. Although management believes
the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees
of future performance, and actual results, events and developments
may differ materially from those in the forward-looking statements.
The occurrence of certain risk factors, the probability of which is
unknown, may also affect actual results, events and developments
expected by the Company.
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 release.
SOURCE Nubian Resources Ltd.
