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Northern Superior Announces Board Recalibration to Original Size

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Northern Superior Resources (TSXV:SUP)(OTCQB:NSUPF) announced the return of its Board of Directors to its original size of seven members following the resignation of Mr. Francois Perron. This adjustment comes after the Board's temporary expansion to eight members with the recent appointment of Mr. Eric Desaulniers, who is the Founder, President and CEO of Nouveau Monde Graphite.

The current Board composition includes Victor Cantore (Executive Chairman), Simon Marcotte (President and CEO), Michael Gentile, Eric Desaulniers, Andrew Farncomb, Frank Guillemette, and Peter Damouni. The Executive Chairman acknowledged Perron's significant contributions to the company, highlighting his professionalism, insight, and integrity.

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News Market Reaction 1 Alert

-2.23% News Effect

On the day this news was published, NSUPF declined 2.23%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

TORONTO, ON / ACCESS Newswire / January 31, 2025 / Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSXV:SUP)(OTCQB:NSUPF)(GR:D9M1) announces that its Board of Directors (the "Board") has returned to its original size of seven (7) directors following the resignation of Mr. Francois Perron. The Board had been temporarily expanded to eight (8) members with the recent appointment of Mr. Eric Desaulniers, Founder, President and Chief Executive Officer of Nouveau Monde Graphite Inc.

The Board is now comprised of the following directors:

  • Victor Cantore, Executive Chairman;

  • Simon Marcotte, President and CEO;

  • Michael Gentile;

  • Eric Desaulniers;

  • Andrew Farncomb;

  • Frank Guillemette; and

  • Peter Damouni.

Victor Cantore, Executive Chairman of Northern Superior, commented: "François has been an outstanding contributor to Northern Superior for many years, long before my involvement with the Company. His professionalism, insight, and integrity have made him a pleasure to work with, and we are truly grateful for his guidance and support over the years. While he is stepping down from the Board, we look forward to maintaining a strong and positive relationship with him. On behalf of the entire team at Northern Superior, I sincerely thank François for his contributions and wish him nothing but continued success in all his present and future endeavors."

About Northern Superior Resources Inc.

Northern Superior is a gold exploration company focused on the Chibougamau Camp in Québec, Canada. The Company has consolidated the largest land package in the region, with total land holdings currently exceeding 62,000 hectares. The main properties include Philibert, Lac Surprise, Chevrier and Croteau. Northern Superior also owns 62% of ONGold Resources Ltd. (TSXV: ONAU) (OTCQX: ONGRF) which is advancing promising exploration assets, including Monument Bay and the district scale TPK Project; Agnico Eagle owns 15% of ONGold Resources Ltd.

Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Québec, and trades on the TSXV under the symbol SUP and the OTCQB Venture Market under the symbol NSUPF. For further information, please refer to the Company's website at www.nsuperior.com or the Company's profile on SEDAR+.

Northern Superior Resources Inc. on Behalf of the Board of Directors
Simon Marcotte, CFA, President and Chief Executive Officer

Contact Information

Katrina Damouni
Director - Corporate Development
Tel: +44 7795 128583 (Mobile/WhatsApp)
info@nsuperior.com

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 press release.

SOURCE: Northern Superior Resources Inc.



View the original press release on ACCESS Newswire

FAQ

Why did Northern Superior Resources (NSUPF) reduce its board size in January 2024?

Northern Superior Resources returned to its original board size of seven directors following the resignation of Francois Perron, after a temporary expansion to eight members with Eric Desaulniers' appointment.

Who are the current board members of Northern Superior Resources (NSUPF)?

The current board members are Victor Cantore (Executive Chairman), Simon Marcotte (President and CEO), Michael Gentile, Eric Desaulniers, Andrew Farncomb, Frank Guillemette, and Peter Damouni.

When did Eric Desaulniers join Northern Superior Resources (NSUPF) board?

Eric Desaulniers, Founder, President and CEO of Nouveau Monde Graphite, was recently appointed to Northern Superior's board, leading to a temporary expansion to eight members.

Who resigned from Northern Superior Resources (NSUPF) board in January 2024?

Francois Perron resigned from Northern Superior Resources' board, leading to the board's return to its original size of seven members.
Northern Superior Res Inc

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