Cap-Ex Ventures Ltd. (TSXV:CEV,FWB:XOV,OTCQX:CPXVF) changed its name to Cap-Ex Iron Ore Ltd. to reflect its focus on the development of its Block 103 Iron Ore Project. The Company has also appointed Mr. Gary Norris to the Board of Directors, effective immediately.
As quoted in the press release:
Mr. Norris has spent over 30 years working for the Newfoundland and Labrador Government including as the Clerk of the Executive Council and Secretary to Cabinet. Mr. Norris has also held a number of other senior Executive positions, including Assistant Deputy Minister of Environment and Deputy Minister of Intergovernment Affairs Secretariat. He is the current Executive Vice President Government & Community Affairs for Alderon Iron Ore Corp., a leading iron ore development company also located within the Labrador Trough. Mr. Norris will help guide Cap-Ex through the development of its 100% owned Block 103 Iron Ore Project and will provide advice with respect to liaising with local, provincial and federal Governments.
Cap-Ex Ventures Ltd. President and CEO, Francois Laurin said:
Gary will be an invaluable resource for us as we continue developing our Block 103 Project. His knowledge garnered from his days in the Provincial Government and from working with Alderon is unsurpassed and I’m very excited to have him join our team.