Margaret Lake Diamonds Inc. Announces Yari Nieken to Join Board of Directors
VANCOUVER, BC / April 25, 2022 / Margaret Lake Diamonds Inc. ("MLD" or the "Company") (TSXV:DIA) (FKT:M85) (OTC PINK:DDIAF) is pleased to announce that Mr Yari Nieken has consented to join MLD’s Board of Directors. Mr Nieken will serve as a non-executive, independent member of MLD’s Board, effective immediately.
Mr Nieken has an extensive range of public company and capital market experience. As a founder of Foremost Capital Inc., an exempt market dealer, he continues to provide in depth consulting for numerous publicly listed issuers in the health care, mineral extraction, technology and wellness industry. Throughout the years, he has served on the boards and as an officer of several public and private issuers. His involvement in those companies has led to the numerous financings that raised substantial capital in his career. He was formerly an investment adviser at Union Securities Corp., where he gained a variety of knowledge in the public market. Mr Nieken holds a BA from the University of British Columbia and an MBA from the Sydney Graduate School of Management.
Jim Wiesenberg, has also been appointed to MLD’s advisory board. Mr Wiesenberg has and continues to serve on numerous boards and worked in various capacities such as; Chief Strategy Officer at Space Data; general manager for Viacom Cable; corporate development for Microband; Vice President of marketing for the PlayCable Company; manager of market development for Showtime. Mr Wiesenberg has been engaged in both public and private markets since attaining his BA from New York University and his MBA from Harvard Business School.
About Margaret Lake Diamonds Inc.
MLD is a Canadian based mineral exploration company engaged in the identification, review and acquisition Uranium assets. MLD owns 100% interest in the Mormon Lake Uranium Property near Payson, Arizona. As part of its joint venture with Arctic Star Exploration, MLD holds an 18.5 per cent interest in the Diagras diamond project Northwest Territories property. The property hosts 13 known kimberlites originally discovered by DeBeers in the 1990’s and MLD believes there is an opportunity to apply modern exploration techniques to define additional kimberlites.
On behalf of the board
Margaret Lake Diamonds Inc. "Neil Foran" President/Chief Executive Officer, Director Tel: 778.321.4638 email: [email protected]
Disclaimer for Forward-Looking Information:
Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Forward-looking statements in this press release relate to, among other things: completion of the proposed Arrangement. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There is no assurance any of the conditions for closing will be met. Forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward- looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law
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