Nordex Utilizes Funding to Expand on Three Projects
07 Março 2014 - 10:00AM
Marketwired
Nordex Utilizes Funding to Expand on Three Projects
KIRKLAND LAKE, ONTARIO--(Marketwired - Mar 7, 2014) - Nordex
Explosives Ltd. ("Nordex" or the "Corporation") (TSX-VENTURE:NXX)
is pleased to announce the successful implementation of three
projects designed to expand the Corporation's footprint in the
explosives business. These projects have been successfully financed
through cash flow and funding available under several levels of
Government including: the Northern Ontario Heritage Fund ("NOHFC"),
the Fednor AIDE Initiative and the Yves Landry Foundation. These
three new projects focused on the custom design and building of
specialty bulk trucks; the design and fabrication of equipment and
processes to manufacture a new explosives product line for
perimeter control and a prototype underground emulsion loader.
Nordex continues to define and execute new business strategies
designed to increase the potential customer base, promote safety
and the environment, and make available more efficient
products.
Buttbuster Perimeter Control Product
Nordex has a cooperative relationship with Australian based
Johnex Explosives, whereby Nordex retains exclusive production
rights for the "Buttbuster" proprietary perimeter control product
line. Nordex employees were provided with training by consultants
from Johnex Explosives for the safe and proper operation of
specialized equipment and production optimization required to
produce this product. This product greatly increases the safety of
underground blasting by reducing back break and greatly reduces
waste dilution. Buttbuster is the perimeter control product of
choice for both surface and underground blasting applications and
is exclusively available in North America through Nordex.
Prototype Underground Emulsion Loader and Operating
Procedures
Nordex has completed training of key employees for the operation
and maintenance of the Corporation's unique emulsion loading unit.
This unit has distinct and specialized abilities that have
increased production efficiency, reduced manpower, reduced the use
of package products and lessened the environmental impact. This
project will be expanded and offered for use in new underground
operations in North America.
Custom Built Bulk Trucks
Nordex completed training which will allow for the independent
delivery and loading of emulsion products for industries including
mining, quarries and construction. This project also allows for
emulsion products to be loaded by trained operators and will result
in no product being stored on client work sites.
With each new project that the Corporation develops and
implements for use in the mining, quarry and construction business,
Nordex further demonstrates its leadership in the explosives
business. President and CEO Jim Taylor states; "With the assistance
of the NOHFC, Yves Landry Foundation and the Fednor AIDE Initiative
we have been able to attract, train and retain key employees.
Nordex takes great pride in having a professional and dedicated
'Made in Canada' team for delivering explosives in Canada. We look
forward to expanding our footprint across Canada, and making
available the best and safest explosives products to our
customers."
A brief video showcasing President and CEO Jim Taylor and
current plant operations can be viewed at the following link.
http://yveslandryfoundation.com/
About Nordex
Explosives
Nordex Explosives Ltd. is a Canadian based manufacturer and
distributor of explosives for the mining, quarry and construction
industries since 1970. Its manufacturing operations and
distribution centre is strategically located in one of the world's
largest mining regions near Kirkland Lake, Ontario. Nordex is the
exclusive supplier of the Econotrim and Ezicharge perimeter control
explosive products in Canada. Additional information can be found
at www.nordexexplosives.com.
Capital Ideas IRDean Stuart403 517
2270dean@boardmarker.netNordex Explosives Ltd.Jim TaylorPresident
and CEO705 642 3265 extension
203jtaylor@nordexexplosives.comwww.nordexexplosives.com
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