Kivalliq Appoints Blair Lockhart Corporate Secretary
June 5, 2012
Vancouver, B.C. - Kivalliq Energy Corporation (KIV: TSX-V) (“Kivalliq”) today provided a corporate update with respect to management changes. Kivalliq's board of directors has named Ms. Blair Lockhart as the company's Corporate Secretary. As Kivalliq’s Corporate Secretary, Ms. Lockhart will be responsible for legal and regulatory compliance activities, equity financings, acquisitions, joint ventures, and general corporate/commercial work. Kivalliq Energy Corporation is a member of the Aurora Resource Group to which Ms. Lockhart has also been appointed General Counsel.
Ms. Lockhart graduated from law at the University of British Columbia, completed her LLM in the field of international environmental law at the University of London, England and has practiced law since 1991. Ms. Lockhart has been working for exploration companies since 2002, prior to which she was a Crown Prosecutor with the Ministry of Attorney General's office. Blair is also a geologist, with a BSc (Hons) and MSc from the University of Manitoba and the University of Alberta respectively.
Effective immediately, Ms. Lockhart will replace Ms. Selina Collins as Kivalliq's Corporate Secretary. Kivalliq would like to thank Ms. Collins for her years of service and wishes her great success in her future endeavours.
About Kivalliq Energy Corporation
Kivalliq Energy Corporation is a uranium exploration and development company and the first company in Canada to sign a comprehensive agreement to explore for uranium on Inuit Owned Lands in Nunavut.
Kivalliq's 252,830 acre Angilak Property hosts the high-grade Lac Cinquante deposit, along with multiple highly-mineralized target areas. With an NI 43-101 Inferred Mineral Resource of 1,779,000 tonnes grading 0.69% U3O8, totalling 27.13 million pounds U3O8, (15.2 pounds U3O8/tonne) at a 0.2% U3O8 cut-off grade, the Lac Cinquante Deposit is Canada's highest grade uranium deposit outside of the Athabasca Basin.
Since acquiring the Angilak Property in 2008, Kivalliq has invested approximately $30 million conducting systematic exploration, including ground and airborne geophysics, geological mapping, prospecting and approximately 48,000 metres of reverse circulation and diamond core drilling.
On behalf of the Board of Directors
James R. Paterson, CEO
Kivalliq Energy Corporation
For further information about, Kivalliq Energy Corporation or this news release, please visit our website at www.kivalliqenergy.com.
Kivalliq Energy Corporation is a member of the Aurora Resource Group of companies. For more information please visit www.auroraresource.com.
Certain disclosures in this release, including management's assessment of plans and projects and intentions with respect to use of proceeds, future exploration programs and the completion of financings, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Kivalliq's operations as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including risks as to market price of Kivalliq’s securities and the market for securities of resource exploration companies in general; commodity prices and, in particular, the price of uranium, the completion of Kivalliq’s plans and projects. Readers are cautioned not to place undue reliance on forward-looking statements. Other than as required by applicable securities legislation, Kivalliq expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.